Currency

USDCHF generally ranged from May 2018 until last week, and owing to a sudden surge of stamina in USD, price skyrocketed, reaching the high of 1.0066. The test of that high is significant because the last time price reached that level was May 2017. What happen in May was followed by a protracted bearish movement. […]

Since printing an all-time high the FTSE 100 has provided a low volatility retracement on the weekly chart. And after building a base above 7,500 and breaking a corrective channel on the daily chart, we see the potential for further gains to follow. Faraday Research offers real time FX and Equity trade signals from qualified […]

EUR/USD is rallying to a 3-week high after the June NFP report – will bulls look to target 1.1850 resistance next? 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: $8,000.00, $9,000.00, $10,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00.   Bitcoin’s market value was previously suffering a considerable against the US dollar, but this week it has been able to rebound. The rebounding effect notably started on June 29, last month. The bears have in the past...

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish in the long-term, and bullish in the short-term. Last week, after testing the support line at 1.1600, price went upwards by 150 pips, to test the resistance line at 1.1750. Price can still go further upwards towards the resistance lines […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold moved sideways in the beginning of June 2018, until June 14. Since then, price has come down by roughly 6000 pips. July has been bullish so far (in the short-term), but the upwards bounce in the market has paled into insignificance when compared to the overall bearish bias on […]

After a minor retracement, bears did get the last laugh as they pushed gold through another level of support to a fresh year to date low. Yet after stalling above a key structural level, it could be time for the bulls to have their say. Large speculators remain net long but, as this has been the case since […]

Ethereum Medium-term Trend: Bullish     Supply zones: $550, $600, $650 Demand zones: $350, $300, $250-   Ethereum remains in a bullish trend in the medium-term outlook. The formation of bullish candles at the 50.0 fib level was good confirmation for the bulls as price was pushed up to $482.12 in the supply area.   […]

USD/CHF has formed a bullish continuation pattern ahead of jobs data and ‘tariffs day’. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

A stream of weak data, brewing trade wars and a growth warning from RBNZ has resulted in NZD being the weakest major over the past three months, allowing AUD to regain some ground and send AUD/NZD back to May’s high. We warned upside pressures were building on AUD/NZD back in May as it approached a key bearish […]