Currency

We can see on the weekly chart that price action has been confined to a choppy range between the 80.50 to 84.50 area since March. The range itself may underwhelm at first glance, but clues are building up for a break lower. Since the 90.31 high we’ve seen two lower highs and lows. A 50% Fibonacci retracement […]

Following a firm rejection of a resistance cluster, we’re circling EURCHF for a potential short. We can see on the daily chart that the resistance zone previously highlighted has performed its job well. Not only did the bearish hammer mark the swing high, but was also the prelude to two bearish range expansion days surrounding ECB’s meeting, […]

With a series of lower swing highs within a bearish channel on the daily chart, a break of August’s low could pave the way for a 300 pip move lower. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

USD/CAD has rocketed to a fresh year-to-date high following Thursday’s hawkish FOMC meeting as trade talks continue Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

BTCUSD Long-term Trend – Bearish   Distribution territories: $9,000.00, $10,000.00, $11,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00.   Bitcoin was initially in a ranging movement last week but a very strong bearish Japanese candlestick occurred this week. The digital asset started experiencing a southward push on June 10, and soon BTCUSD saw a sudden volatile...

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market began the current strong bearish movement in April. This month (especially from early June), price consolidated till June 14, before the large pullback we are currently witnessing. The large pullback has put more emphasis on the dominant bearish bias; thus price is […]

Note: This article shows why the use of stop loss is 100% mandatory, despite what suicide traders (who call themselves professionals) may say. This article comes from someone with over 60 years of experience in various financial markets. Would you ever think of jumping out of an airplane without a parachute? Of course not, but […]

BTCUSD Medium-term Trend: Bearish   Resistance Levels: $6,600, $6,700, $6,800 Support Levels: $6,400, $6,300, $6,200   Yesterday, June 13, price of Bitcoin fell to as low as $6,252.61. Today, the asset is making a bullish movement to the high of $6,488.55. On the whole, the overall trend is bearish. In order to determine the continuity […]

Since teasing markets with a break above the infamous 1.20 level, EURCHF opted to plunge over 5% from the highs with some sort of vengeance. But now prices have stabilised below a cluster of resistance, we’re closely watching the cross for a potential short. We can see on the daily chart how bearish momentum increased as […]

Price action is creeping up the inside of a broken trendline and remains below a cluster of resistance. If bearish momentum is to return soon, a bearish flag could unfold to target the April lows. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.