Eurodollar analysis 7th February 2013
Ever since Mario Draghi pledged last year that the ECB was ready “to do whatever it takes” to preserve the euro, the single currency has […]
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Eurodollar waits on ECB
With markets wait for tomorrow’s interest rate decision from the ECB the eurodollar on the daily chart has continued to trade sideways moving between 1.3457 […]
USDJPY takes a breather
Another extraordinary month for the usdjpy which saw the pair continue to climb higher, ending last Friday’s trading session as a wide spread up candle […]
Eurodollar Forex Analysis 4 Feb 2013
With last week’s raft of economic releases now just a dim and distant memory the markets are consolidating and moving on as they await the […]
EURGBP trend higher continues on weekly chart
Euro traders can often miss out on some great trades in the cross pairs, and none more so than in the eurgbp which over the […]
Eurodollar Moving Higher Ahead of Key Fundamental Data
Another good at the office for euro bulls as the eurodollar continues to surge higher, moving strongly through the 1.3500 price point to trade at […]
EURUSD breaks through $1.34 resistance
The euro continues to defy its detractors and critics, surging ahead in this morning’s trading session against the US Dollar, the British Pound, the Swiss […]
USDJPY set to breach 90 once again
Following a period of sideways consolidation over the last few days above the 88 price region, the USDJPY now looks set for a further attempt […]
GBP USD Chart Analysis 21 Jan 2013
Cable’s recent fall from grace was further accelerated on Friday which saw the pair plunge lower breaking back below the psychological 1.60 price point to […]
EurUsd Technical Analysis 9 Jan 2013
The 1.33 price point for the eurodollar now appears to be a formidable barrier, following the three consecutive failures at this level with the most […]
Forex Technical Analysis AudUsd 7 Jan 2012
With little fundamental news in Europe today forex traders may wish to focus their attention on the commodity dollars and in particular on the Australian […]
Dollar Index Outlook 3 Jan 2013
The dollar index continues to trade in a relatively narrow range which has been in place since early September 2012. The floor of this range […]
Aussie Dollar Outlook 3 Jan 2013
The key technical level for the aussie dollar on the daily chart remains the 1.0600 level which saw the pair fail at this level on […]
Eurodollar Forex Analysis 2 Jan 2013
As we enter a new trading year the eurodollar is delicately poised below the 1.3300 price point, following a sustained period of sideways price action […]
GBPUSD Forex Forecast 2 Jan 2013
The pound dollar retreated into its shell ahead of the new year, largely promoted by an isolated pivot high on the 19th December 2012 at […]
Bullish trend continues for GBP/USD
Cable continued to extend the recent bullish trend further once again today, with the pair breaking above the psychological 1.6200 price point on the daily […]
Aussie dollar forecast
Another day of narrow price action for the AUD/USD, as the pair once again struggled to find any meaningful momentum, trading in a tight range […]
Forex technical analysis – USD/CAD
The USD/CAD continued to move lower in yesterday’s forex session, adding further bearish momentum, following the failure to breach parity in mid November, with the […]