The US$ is back flexing its muscle and stocks have recovered some of Monday’s losses. I had warned yesterday to watch for a pause with the selling and this is what we got! However, the Covid-19 situation is clearly going to get a lot worse for many countries and, whilst stock markets are forward looking, […]

There is certainly a Friday 13th mood around the community as well as markets. There have been a number of trend line breakouts as a result of this extreme volatility.

I have been asked to review the GBP/JPY so here is how I’m currently seeing this currency pair. This pair had been dominated by issues surrounding Brexit although it started to look like it was moving on from this but, then, a curve ball in the form of Yen strength and Coronavirus struck and is […]

Friday 10/8 (4 pm) Poor data out of China has sent the Aussie pairs down today. The big move has triggered a TS short signal on the A/U and one is trying to form on the A/J. The USDX has yet to get over its resistance levels though: Friday 10/8 (11 am) The USDX is […]