Forex Strategies

EURGBP Weekly Technical Chart

EUR/GBP Weekly Candlestick Chart. The target at 0.8675 set in last weeks paper has now been reached resulting in a major sell off. The 10

Risk rebounds as FX remains rangebound

The US Dollar Index continues to trade within a sideways triangle (consolidation) formation while risk aversion has seemingly abated. The recovery in risk appetite should ...

Spot Gold Prices

Yesterday's rally in spot gold prices came as result of a mild rebound in equities and a slide in the US Dollar.  With Goldman Sachs ...

Chart of the Day USDJPY

Daily We are in a downward channel at an angle of -18 degrees. We have reached the bottom of the trend channel at 91.72 where ...

GBP/USD

GBP/USD Cable faltered on Friday and only attained 1.6345. The move below 1.6240 has put pressure on the downside and currently this is making its ...

USD to Gain More Strength Today

The theme is almost a year old: when stock markets reflect uncertainty, the Greenback is favored, and vice versa. This week started with such a ...

Risk aversion still the dominant theme as a new week begins

GBP especially suffers as weekend press has nothing positive to report MAJOR HEADLINES – PREVIOUS SESSION US May Trade Balance out at -$26.0 bln vs. ...

Short Sterling & Euribor

Short Sterling Dec Contract Dec Sterling bounced from 98.80 although did not manage to challenge the highs of 98.90, stopping short at 98.89. So the ...

Spot Gold Prices

Although the pendulum is still swinging between the inflationists and deflationists recent data has suggested that the global economy may be facing more of a ...

Spot Silver Price

As usual spot silver prices responded more aggressively to growing fears that the recent economic recovery may be no more than a false dawn as ...
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