Minor respite for Cable
An interesting day for cable yesterday which initially opened the trading session gapped down, following Friday’s downgrade, before ending the session as a relatively wide […]
signals forex
Little respite for Cable
Friday’s not unexpected downgrade for Sterling simply gave gbpusd bears another excuse to drive the pair lower. The news came late on Friday night […]
USD index back in congestion
Despite having peeked over the strong resistance at 81.60 area, the dollar index has failed to follow through in today’s trading session, reversing sharply lower […]
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 continues to be mildly bullish
The eurodollar continued to trade in a narrow range yesterday, ending the session with a narrow spread up bar before closing at 1.3388, as […]
Relentless slide in cable continues
The recent sell off in cable continues unabated with the pair now breaking below the 1.5550 price point and indeed at the time of writing […]
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 […]
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 […]