Faraday Research

Wise-cracking Phil Hammond delivered his Spring Statement with a more optimistic outlook on the economy noting that there is “a light at the end of the tunnel” for the UK’s finances, though Brexit remains a big uncertainty on the horizon. His upgraded forecasts were delivered as advertised though we do note that the severe downgrades […]

With the rate at which Canadian Dollars have been thrown overboard recently, you’d be forgiven for thinking they were on fire.  The threat of a NAFTA fallout and Trump’s latest round of tariffs have been more than enough to keep the Loonie under pressure, despite Canada having been given a ‘temporary’ exemption from the steel […]

Following its best week in 9 months amid improved risk sentiment, we explore the potential for further gains on AUD/CHF. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

Since bottoming in February 2017, EURNZD has produced a bullish trend structure overall. Yet since falling 5.5% from the December high it has appeared a little hesitant to re-test it. That said, we think pressure could be building for bullish momentum to return. Firstly, EURNZD continues to respect the bullish trendline from the 1.4589 swing low. Admittedly it was […]

BOC hold their second policy meeting of the year tomorrow, after having raised for the third time this cycle in January’s meeting. Yet whilst there has been speculation they may raise again in April, concerns surrounding NAFTA and Trump’s surprise steel and aluminium tariffs could outweigh any optimism in tomorrow’s meeting. Markets are currently pricing […]

The Japanese Yen remains the strongest G10 currency this year, with Trump’s trade war and BOJ’s tightening hints only adding to Yen inflows. With AUDJPY having tested the 81.57 EU referendum high on Friday, we have a close eye on this pivotal level as a break beneath it assumes the resumption of its downtrend. Faraday […]

As markets await the US CPI report, like they never have before (or at least in recent history), we’ve already seen some volatile moves in USD/JPY this week which have been technically driven, allowing for the fact that there are no specific fundamental reasons for the significant price action. It is well known that the Japanese yen […]

1.2300 could prove to be a pivotal level for EUR/USD. Whilst it may continue to cap as resistance and mark the resumption of the intraday bearish trend, it could also confirm a double bottom reversal and break of trendline if bulls get their way. Faraday Research offers real time FX and Equity trade signals from […]

With BoE’s ‘Super Thursday’ and Brexit talks looming large at the end of the week, we discuss the long-term and near-term price action in GBP/USD. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

AUDNZD has closed beneath a key level ahead of support ahead of tomorrow’s RBNZ meeting, suggesting a larger topping pattern could be in play. Matt Simpson takes a technical look. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.