Currency

To date, 2018 has been a particularly rough year for investors in US treasury bonds. After starting the year with a yield near below 2.5%, the benchmark 10-year bond has seen yields surge to a high of nearly 3.05%, corresponding to about a year-to-date drop of about 3% in IEF, the equivalent treasury bond ETF. […]

GBP crosses and their close-proximity to trendlines have been a common theme of late, with GBPJPY now stepping up to the plate for a showdown with a potentially pivotal level. Since around May 2017 GBPJPY has trended higher, although a quick look at the weekly chart raises the potential for this to be a corrective move against a dominant, […]

Oil is back in the spotlight after breaking above $70 a barrel and reaching a 3.5 year high. But with geopolitical risks lurking in the background, can it stay there? The weekly chart has continued to defy the doomsayers by appreciating over 170% since the 2016 lows. Trading within a bullish channel and having now recovered over […]

After selling off from the highs, GBPAUD has paused above a key zone of support which could prove pivotal. And if we’re to close lower this month the cross will have a 3-month bearish reversal to content with. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try […]

BTCUSD Long-term Trend – Bearish Distribution territories: $12,000.00, $13,000.00, $14,000.00. Accumulation territories: $8,000.00, $7,000.00, $6,000.00. In spite of lower highs than lower lows on the BTC/USD pair, the long-term trend chart has not been able to make a significant move away from a bearish outlook. On April 29, the pair declined a bit below the […]

Daily analysis of USD/CHF for May 7, 2018 USD/CHF This pair has normally been going upwards as EURUSD is going downwards. Price has gained over 800 pips since February 16 (it gained 130 pips last week). The great psychological level at 1.000 has eventually been reached and a lot of activity has started around that […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD went downwards by 170 pips last week. It has gone downwards by 430 pips since April 19. There is a Bearish Confirmation Pattern in the market and it is supposed to continue going lower and lower, reaching the support lines at 1.1900, 1.1850 […]

Overall, gold has been grinding higher since the 1046.33 low but since breaking back above $1300 in December, the shiny yellow metal has remainedrangebound between 1300-1365. This year we have seen three failed breakouts which appeared in the form of spikes either side of the range. And if this week closes with a bullish hammer back within range, it […]

GOLD (XAUUSD) Dominant Bias: Bearish In the first half of April, Gold made some visible bullish attempt. However, price came downwards noticeably in the second half of that month. Generally the market is very choppy… It has been coming down since last week, and May was started on a bearish note. Since there is a […]

EUR/USD maintains its bearish bias in the near-term after breaking out of a long-term consolidation zone. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.