Currency

ETHUSD Long-term Trend – Bearish   Distribution territories: $220, $240, $260. Accumulation territories: $100, $80, $60.   Ethereum’s price has been ranging in the last few trading sessions before the crypto market’s big fall, between the $180 and $160 price territories. The cryptocurrency featured short ups and downs at the time.   On November 18, […]

After we highlighted $1200 as a pivotal level for gold, the shiny yellow metal has bounced above this key level to show bulls still appear intent on carving out a bottom on gold. As it turns out, the actual low on the daily chart was 1196.39, although price action remained above 1200 for November’s low on a […]

XRPUSD Medium-term Trend: Bearish   Resistance Levels: $0.56, $0.58, $ 0.60 Support Levels: $0.40, $0.38, $0.36   On November 21, the price of XRP was in a sideways trend. On November 20, the crypto’s price was resisted by the 12-day EMA and the 26-day EMA and fell to the low of $0.44. The digital currency […]

It wouldn’t be a market correction without comparisons to prior market tops. So, today we compare the S&P500 price action to its three previous bear markets. The following chart rebases the S&P500 from previous market tops, which enables us to compare these historic periods to see if current price action tracks it in real-time. So […]

By some measures, oil’s rout may not be over, and this could well be the catalyst that sends USD/CAD above its 2018 highs. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

One by one FX majors point towards a broader USD reversal, with the Swiss franc now coming onto our radar. We can see on the weekly chart that USD/CHF has had a tough time above parity since October 2017. That’s not to say it hasn’t tried to hold above it, yet each time it has broken above […]

We take a look at the daily chart of EUR/USD, GBP/USD and AUD/USD to highlight key levels for the week ahead.                       Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.  

ETHUSD Long-term Trend – Ranging   Distribution territories: $250, $350, $450. Accumulation territories: $150, $100, $50.   On November 7, Ethereum saw its price fall against the US dollar that included it featuring lower lows within the range between $220 and $200. The range was later on breached southwards on November 14, as its price […]

Momentum has turned to drive gold back down to $1200. Yet it could provide near-term opportunities for both bulls and bears near the lower bounds of its channel. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

1.13 remains an important level for the Euro as we head towards the weekly close, with a growing potential it could mark a bear-trap and reversal of fortunes for bulls. Starting with the daily chart, it looks straight forward for bears. The trend is clearly bearish, it trades within a descending channel and bearish hammers […]