Anna's Financial Market Analysis

Following the wild gyrations of late August, the VIX has continued to move back towards the major platform of support in the 12 area and below, which to date has held firm and prevented major US stock markets breaking out and extending the long bullish trend further. Once again over the last few days we have seen a short term rally snuffed out, as bullish sentiment returned for equities and pushing the VIX ever lower.

Janet's equivalent of the Fosbury flop left US markets nervous ahead of the unscheduled release and positively underwhelmed after it! So where next for the major indices, and let's hope the FED don't flop again in December and finally get off the fence.

In the second of our forex Friday webinars at the start of the US session, it was the British pound which came under increasing pressure, as US dollar bullish sentiment took hold. You can discover more about our volume price analysis methodology in my books on Amazon as well as how to get started as a forex trader. Just click on the links below. All my books are in both Kindle format and also paperback so the choice is yours. http://www.amazon.com/Complete-Guide-Price-Analysis-ebook/dp/B00DGA8LZC/ref http://www.amazon.com/Forex-For-Beginners-Anna-Coulling-ebook/dp/B00GBHQXZC/ref http://www.amazon.com/Three-Dimensional-Approach-Forex-Trading-ebook/dp/B00CX2QCVO/ref http://www.amazon.com/Binary-Options-Unmasked-Anna-Coulling-ebook/dp/B00S5N78PE/ref

The live forex trading session for London on Friday was dominated by Euro weakness across the single currency complex, driven by comments from ECB President Draghi. You can discover more about my volume price analysis methodology in my books on Amazon as well as how to get started as a forex trader. Just click on the links below. All my books are in both Kindle format and also paperback so the choice is yours. http://www.amazon.com/Complete-Guide-... http://www.amazon.com/Forex-For-Begin... http://www.amazon.com/Three-Dimension... http://www.amazon.com/Binary-Options-...

Join Anna as she talks through the markets ahead of the FED and with three central banks in focus within 3 hours, it's setting up for an interesting trading session for the markets.

Tune in to Anna Coulling and Eddie Horn at TopStepTrader, as Anna looks at the forex week ahead following the elections in Greece with the euro bouncing back on the result! With the US dollar also reversing modestly on the day, the majors have made some minor gains, but with further US dollar strength likely, these are only likely to be short term moves higher in longer term bearish trends.

In the midweek show from TopStepTrader Squawk Radio, Anna and host of the show Eddie Horn discuss the opportunities for forex traders for the remainder of the week, and look ahead to some of the key news items round the corner. David also offers some views on commodity markets for both oil and gold.

Catch up with the latest forex news this week as Anna joins host Eddie Horn for her twice weekly spot on TopStepTrader's Squawk radio.

The GBP/CAD has been on an extend bullish trend for some time now, but in the last few weeks, the pair have started to run out of steam, running into some key resistance levels. The initial weakness was signalled with some ultra high volume, followed by several shooting star candles, before the pair initially started to move lower. Today's weak UK data has given the pair a further shove lower, breaching the first of several potential support regions. So is this the start of a longer term reversal in trend, or merely a short term pause?

An interesting week as always for eurodollar traders, with the pair flip flopping between price congestion and extremely volatile moves. None more so than on Wednesday, following Ben's last meeting, changes in committee members, and the ongoing question of tapering. As Janet settles into the chair, market focus is now on the exotic currencies currently grabbing the headlines, and with risk on appetite evaporating, we may see further save haven buying in the short term.

With the baton now being passed from Ben Bernanke to Janet Yellan, the question is how will markets react. Was last week's sharp sell of simply a correction, or a reversal in trend. Will the markets react to the new members, and if so how? And finally, what is the barometer of economic recovery telling us - no not the VIX, but the NQ!

The recent sharp move lower for equities has not come as a great surprise to many traders, given the signals that have been in place since the start of the year. One index in particular, the YM Emini, has sent several clear signs of weakness, which have duly been confirmed as we approach the month end. So is this the end of the bull run, or simply a short term reversal?

For many investors, gold remains the ultimate safe haven asset. There is nothing quite like a gold bar or gold coin which bestows the feelings of security and wealth. Yet whilst investors have had a torrid time over the last few years, speculative traders have enjoyed both sides of the market. The question now is whether the long term decline for gold is finally reaching a bottom, as the scales tilt once again, in favour of the longer term investor?

All forex traders focus on the EUR/USD - primarily for two reasons. It is the most liquid, and is also the pair with the tightest spreads. However, what most fail to realise is that is the most political of all currencies. Indeed, I could go further, and say this is no longer a free floating currency. Most traders find it almost impossible to trade, and yesterday gave us a classic reason as to why!

In this episode from a recent live training room, Anna explains some of the reasons why the forex market is such a difficult one to trade. As a retail trader the odds are most definitely not stacked in our favour. However, help is at hand, and the methodology is not new. It has been around for over 100 years, but using what Anna calls primary trading tools which are all leading ( and free ) levels the playing field, allowing retail forex traders to compete on an equal footing once again.

With the US now back open for business, and the NFP data duly released, markets can at least return to normal following round 2 of the fiscal cliff soap opera. But what is normal? Can anyone truly believe these statistics, and with equity markets surging higher, the disconnect between economic reality and risk assets seems set to continue. For the trader, it's simply a case of watching the right charts such as the VIX and trading with a leading indicator, such as volume.

Round two of the fiscal cliff saga has once again opened the old debate and the the role of the US dollar as the currency of first reserve. Leading the way are the Chinese, suggesting that a 'de Americanised world' might be more appropriate - perhaps the yuan could be used instead? This is all seems highly unlikely and no doubt once the current situation is resolved, and it will be, the status quo will be established once again. For the foreseeable future, the US dollar remains the currency to watch, and in this weeks episode find out why and how.

This is a story of one of the great inventors and visionaries of our time, and yet few people are aware of his name. He died penniless and alone, and yet without his genius, life would be very different today. It is ironic therefore that his spirit has returned, this time with another visionary who is looking to take on the motor industry in his name!

This week is dominated by politics and brinkmanship. The fiscal cliff beckons once again, and no doubt a last minute resolution will be achieved - but if not, the NFP data on Friday could be a little thin! In Italy Silvio is trying to stay out of jail, and the ECB is also trying to do the same for the euro! Chinese data dominates along with Australia, so a great deal of focus on risk and risk assets. All in all, another interesting week for the markets, which appear, for the time being at any rate, to be taking a sanguine view to the whole business.

The USD/JPY is creating an exciting pattern on the weekly chart as the pair consolidate and prepare to breakout. But when? The USD/JPY is a key barometer in the forex markets for risk appetite and now appears to be waiting for that all important catalyst.

The key this week is the FOMC meeting, as the markets once again await the FED decision on tapering. However, given the less than stellar NFP data, the FED is caught between a rock and a hard place! Worse still, nobody, least of all the FED, has any idea whether the continued bond buying programme will have any benefits at all!!

Discover the indices to watch, which reveal the market mood in terms of risk and market sentiment. Two of the most powerful charts which reveal where the fulcrum of 'risk on' or 'risk off' is currently positioned.