Prediction for the Euro Dollar
A significant day for the euro dollar yesterday, which closed the forex trading session with a wide spread up candle, breaking out of the recent […]
fx trading
Aussie dollar bouncing back
The 1.0600 region remains a bridge too far for the Aussie dollar, and indeed as I suggested in a post last week, the long legged […]
EUR/GBP breaking higher once again
The EUR/GBP like many other euro pairs continues to defy the euro skeptics with the single currency continuing to recover from the after shocks of […]
Long legged doji candle signals warning on Aussie Dollar chart
Are we seeing yet another failure at the 1,0600 region for the Aussie dollar? Yesterday’s price action would certainly suggest this is the case, with […]
USD/CAD continues sliding lower in bearish tone
The USD/CAD continued to move lower once again yesterday, ending the forex trading session with a wide spread down candle and closing the session at […]
The USD/JPY turns 100 today !!
Today is the day that the Yen turns 100, and if he or she were living here in the UK, a telegram would be winging […]
Aussie dollar prepares to attack 1.0600 area again
A bullish day for the Aussie dollar yesterday, which ended yesterday’s forex trading session with a wide spread up candle, with prices returning to test […]
More pain for Euro bears as bullish momentum set to continue
Another day of pain for the Euro bears yesterday as the euro continued to climb higher once again against the US dollar, ending the session […]
Steroids, implants and botox – just what the Yen needed!
The Bank of Japan took control of it’s currency in grand style last week, having duly selected the largest hypodermic they could find, filled it […]
The mad world of the US dollar
For those of you reading this, and old enough to remember, there was a comedy film many years ago with Spencer Tracy in the lead. […]
Aussie dollar running into resistance….. again!
The Aussie dollar appears to be running into resistance once again, following the recent bullish trend, which has seen the pair climb away from the […]
USDJPY bullish once again
The dollar yen is once again marching north having regained its bullish momentum in the past couple of days, it now looks set to break […]
USDJPY pulls back sharply
The sell off in the usdjpy was just a further expression of the market’s extreme over-reaction to the Italian election which saw the anti-establishment 5 […]
GBPJPY looking to turn lower
The daily chart for the gbpjpy, like several other Yen cross pairs, is at an interesting technical point. Since early February the pair has been […]
Dollar index building momentum to the upside
Yesterday’s price action on the US Dollar index was highly significant with the price once again testing the key resistance at 81.60, which defines the […]
Eurodollar sharply lower
Before moving to an analysis of the price action in today’s trading session for the eurodollar, which has so far seen the pair move sharply […]
Eurodollar slides on poor GDP numbers
Today’s dramatic fall in the eurodollar appears to have been triggered by weaker than expected economic data from the eurozone which confirmed that the economy […]
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 […]