Sell, sell, sell – well all except the US dollar!
Over the past few weeks Ben Bernanke has single-handedly managed to create the biggest market sell off since the dark days of 2008, whilst simultaneously […]
USD chart
Forecast for the EUR/USD today
Bullish momentum has returned to the EUR/USD once again, following Friday’s plunge lower for the US dollar, which sent the pair surging higher to test […]
USD/CAD volumes decline on the daily chart
The USD/CAD is at in interesting point on the daily chart once again, having recovered from last week’s minor sell off, which saw the pair […]
Forecast for GBP/USD on the daily chart
The GBP/USD continues to look bearish on the daily chart, having broken below the isolated pivot low of 23rd October in the last few days, […]
Cable set for bearish move lower
The GBP/USD, along with other major currency pairs has moved lower in this morning’s early FX trading session, following Friday’s surge higher for the US […]
Forecast for the markets this week
This week of course, the financial markets are really only concerned with one event – no, not whether President Obama gets to keep his job […]
Forecast for the US dollar index
The US dollar index ended the day and the week in bullish tone, closing with a wide spread up bar on the daily chart at […]
NZD/USD starting to look bearish on the daily chart
The price action for the NZD/USD could best be described as desultory over the last few weeks, with the pair having failed to continue the […]
Forecast for the USD/JPY for the week ahead
The Bank of Japan members will be sleeping a little easier tonight as the USD/JPY continues to claw it’a way higher moving slowly away from […]
Market forecast for next week
Risk sentiment wained last week sending equities and commodities lower, whilst Spanish bond yields climbed, as investors moved away from riskier assets and into safe […]
My latest forecasts – currencies watch FXstreet
If you are wondering where some of the major currencies are heading in the next week, month or indeed the quarter, you can catch up […]
Market analysis and forecasts for this week
Over the last few weeks, price action in virtually all the principle capital markets has been characterized by two aspects, namely indecision and a lack […]
Expect further weakness on the daily US dollar index chart
This week, was of course, dominated by one item of news, which was the much heralded announcement by the Federal Reserve on Thursday of a […]
US dollar index remains bearish on the daily chart
The December US dollar index futures contract plunged lower once again in yesterday’s futures trading session, closing the day below the psychological 80 region, and […]
Market forecast following statements from Draghi and Bernanke
The last seven days have seen the financial markets dominated by two key items of fundamental news. The first from Fed Chairman Ben Bernanke in his annual […]
Gold Forming Strong Pennant on Daily Chart
Much like the ripples in a pond commodity prices have calmed following their sudden, volatile sell off a couple of weeks ago, and whilst many […]
Soap Opera & Bubbles
While the financial media (and general media) has been focusing on the IMF and the Greek debt crisis, markets are still readjusting to the recent […]