Alarm bells ringing for gold bugs!
With commodities in general taking a hammering in the markets at the moment, neither silver or gold have escaped. In the last two days, the […]
technical indicators
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 […]
Silver bulls need bulls of steel now
Well, we had to wait a long time for it to arrive, but the breakout in silver is finally here, and for those of you […]
Gold bugs hoping for some Spring sunshine
Gold continued to trade in a narrow range once again yesterday, with the April gold futures contract closing marginally lower and ending the gold trading […]
Volume price analysis holds the key for silver
As the old saying goes, another day and another dollar. Well not quite, and for silver traders it’s getting to the stage where a dollar […]
Gold now building rising triangle pattern on the daily chart
Gold continued to ease higher once again yesterday, with May gold futures on Globex closing at $1613.80 per ounce, up just over $8 per ounce […]
Silver futures preparing for bullish breakout?
Silver continued to trade in a tight range once again last week, with the May silver futures contract closing on Friday at $28.85 per ounce, […]
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 […]
Silver at key price point
At the end of another lively trading week silver futures continue to remain heavily bearish on the weekly chart, despite a modest recovery in Thursday’s […]
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 […]
Silver chart analysis 21 Feb 2013
Silver futures too continue to move sharply lower, aided and abetted by yesterday’s release of the FOMC minutes which the market has interpreted as being […]
Silver market forecast 15 Feb 2013
Like gold, silver too is heavily bearish with the silver price on the March contract now breaking through the 200 ma and moving deeper in […]
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 […]
Silver futures set to break higher
March silver futures followed much the same pattern as gold futures yesterday, closing the session with a narrow spread down candle and ending at $31.71, […]
Gold prices continue to trade in an ever narrowing range
April gold futures continued to trade once again yesterday in a narrow range closing the session at $1676.40 per ounce having initially opened at $1669.10 […]
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 […]