Currency

Since the 0.9983 high, USD/CHF has printed its worst 10-day run since February. And with extreme positioning of the US dollar and Swiss franc, we think it has the potential to extend losses. We can see on the daily chart that USD/CHF has been confined to a 280-pip range since May, with a recent turn […]

USD/JPY saw a bullish reversal this week to break out of its falling wedge pattern – bulls may now look to target 1.1200 or 1.1300 next Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair gained a minimum of 200 pips last week, thus forming a bullish signal in the short-term. Further bullish movement is supposed to bring about a strong Bullish Confirmation Pattern, even in the long-term, as more gains are made in the market. Price […]

BTCUSD Long-term Trend – Ranging   Distribution territories: $8,500, $9,500, $10,500. Accumulation territories: $5,500, $4,500, $3,500.   This week, the BTCUSD pair has seen almost even lower highs and lower lows in its price. Notably, bitcoin suddenly experience a spike in its price, which helped it push past the distribution territory of $6,800 and touch […]

Price action on USD/JPY has been choppy of late, although yesterday’s break higher could pave the way for further gains. Hawkish FOMC minutes and trade tensions helped break the recent bout of USD weakness, before NAFTA optimism and firmer employment provided it another boost yesterday. Assuming we don’t get a dovish surprise from Powell later […]

Ethereum Price Medium-term Trend: Ranging   Supply zones: $400, $450, $500 Demand zones: $150, $100, $50   ETH continues ranging in the medium-term outlook. The strong bearish pressure was sustained leading to further drop in the Ethereum price to $259.20 in the lower demand area before the close of yesterdays market.   The bulls gradually […]

Another day, another leadership challenge for Australia’s PM Malcolm Turnbull, leaving AUD crosses worse for wear. A second leadership vote could come as soon as tomorrow (5am GMT) if Turnbull receives a letter requesting a vote with 43 signatures on. The consensus is for Turnbull to be ousted, which puts Australia on track for its […]

A weaker USD has allowed NZD to climb from multi-year lows ahead of US-China trade talks tomorrow. Yet with a dominant bearish trend and resistance cluster close by, we’re seeking a rejection at resistance to signal momentum has realigned with the dominant trend. Faraday Research offers real time FX and Equity trade signals from qualified […]

BTCUSD Long-term Trend – Ranging Distribution territories: $8,500, $9,500, $10,500. Accumulation territories: $5,500, $4,500, $3,500.   The cryptocurrency markets have been plagued by a bearish trend and Bitcoin wasn’t an exception. This week, Bitcoin’s price went down towards the accumulation territory of $5,800, against our projected value of $5,500. t has as well been observed...

The following signals have triggered: BUY AUDCHF Entry price: 0.7242 Stop loss: 0.7041 Take profit: None Exit date: September 19, 2018 Additional signals will be announced as they are identified. If you wish to follow these signals then remember: 1. These are long-term signals 2. Entry levels are approximate, but do not “chase the market” […]