I’ve been writing about the Cable’s movements all year.  You can get up to date by reading my previous posts: here In my last few pieces I’ve been keeping an eye on the monthly chart which you can see above. I had talked about how the monthly 200MA had acted as a cap in 2009 […]

I’ve been keeping an eye on GBPUSD in 2014 and wrote about the pair a few weeks back (which you can read here). In those pieces I talked about the cap that the Monthly 200 period Moving Average has presented around 1.6635. Price hit those levels…and then promptly sold off. Well after a nice sell […]

Here’s a little update from my Gold post of the 20th Jan which you can read here: Gold In my previous post I talked about how having double bottomed nicely price was running into resistance around the weekly trend line / weekly 20 Moving Average and a resistance zone around 1265 -1275.  I mentioned that […]

There’s a saying that “7 days is a long time in politics” well in financial markets it would appear that 24 hours is a long time in trading. I’d put up a piece on Thursday evening / Friday morning about GBPUSD hitting new highs and intimating that a daily and weekly close above the 1.66 […]

  Its been a good few weeks for Sterling traders as David Morrison commented on the Activtrades market piece: “On a long-term chart, the 1.67 area looks like the next most significant level of resistance. Sterling also made solid gains against the euro and is now trading at its highest level against the single currency […]

A quick update on $Gold. (Apologies for the scruffy chart.) Having appeared to perform the classical double bottom off the $1180 region, Gold has rallied from $1180 bottom to the $1250-$1260 region for the first 2-3 weeks of 2014. Here is where I see it running into its first proper test of 2014.  We have […]

Here’s a few of the charts I spoke about last night during the End of 2013 Review webinar that I conducted for ActivTrades.  It was a look back through the year and a look ahead at possible scenarios for 2014. Some of the themes I talked about for 2014 were: – “Abegeddon!” – Euro Deflation […]

I was delivering a presentation for a broker client last week which included some market analysis and thought I’d put up a few of the charts I talked about here.  It will be interesting to see whether today’s NFP figures will make a blind bit of difference to the markets.  We shall wait and see. […]

Here’s a quick weekly chart of the USDCAD which was brought to my attention by a fine trading buddy of mine Martin Walker.  With the CAD Interest rate decision later on today it’s a good time to look at what price is doing. Price has moved nicely north these last few weeks and is now […]

Just a quick chart to show the size and scale of the gap down in EURUSD last night based on the weekend news regarding the Cyprus bail-in/bail-out. There has been less than half-a-dozen plus 100 pip gaps on the EURUSD in the last 4-5- years so this gap is significant and for anyone who was long into […]