Currency

It goes without saying that NZD/USD has been under heavy selling pressure overall this year. Yet, one by one clues are surfacing that this trend is under threat. The bearish channel from the June high has been breached today and, if weak USD sentiment continues through the European and US sessions, it’s on track to warn […]

A prominent swing low could mark the end of a shakeout as it heads for the 2018 highs. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

As of yesterdays close, the S&P500 has shed -9.36% for the month of October. This puts it on track for its tenth most bearish month using data since 1960. Of course, with two trading days left in the month it could still make a comeback, but we don’t see the harm in getting ahead of the game […]

ETHUSD Long-term Trend – Ranging   Distribution territories: $300, $400, $500. Accumulation territories: $150, $100, $50.   Over the past few days, Ethereum’s price has been maintaining a price range around the $200 territory, without having a lot of volatility to it.   The crypto’s traders weren’t able to push its price over said territory […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD is in a bearish trend – which started about 2 weeks ago. Price went downwards by roughly 160 pips last week, having gone down by 250 pips since October 15. Further bearish movement is anticipated, that would move price towards the support lines […]

THESE 4 TRAITS WILL MAKE TRADERS SUCCESSFUL If you have a passion for trading, Dr. Brett Steenbarger has some choice words for you: you’re not going to make it. Instead, traders need to be passionate about markets. It may sound like a minor distinction, but it’s not. In decades of working with billionaire hedge fund […]

Ethereum Price Medium-term Trend: Ranging   Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH continues in the range in its medium-term outlook. The bulls’ continued dominance within the range ended when ETHUSD was at $208.00 in the supply area with a wick at the candle which was a sign of exhaustion. […]

Gold bears closed out of gold by a record amount last week. We’re now watching closely for a follow-through on price. At the beginning of this month we’d highlighted extreme short positioning on gold and that price action was sending signals of an upside break. Of course, when looking at weekly charts and weighing up the potential […]

BTCUSD Long-term Trend – Bearish     Distribution territories: $8,000, $9,000, $10,000. Accumulation territories: $5,500, $5,000, $4,500     A short bullish candlestick market the BTCUSD trading pair in the first day of this week. Then, on October 15, the cryptocurrency saw its price appreciate against the US dollar as it surged to a high […]

EUR/USD has essentially traded within a 500-pip range since July, with false promises of a break either side. But, if we take a closer look at what price is telling us, there’s an argument for a downside break. We can see on the daily chart that momentum leading into the range was bearish and the 50-day average […]