Currency

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.

Despite a great start to the year and hitting a near 2.5yr high, subsequent price action has left a trail of clues that a top may already be in place. It was the 1st of February that EUR/JPY broke to a new high in line with dominant momentum. But the celebrations were short-lived as bearish rangeexpansion bought it […]

ETHUSD Medium-term Trend: Bullish   Resistance: $760, $750, $740 Support: $690, $700, $710 The ETHUSD pair was in a ranging market yesterday. Price of the asset was ranging from the resistance level at $700 to the support level at $650. The MACD line and the signal line are below the zero line. Today, the ETHUSD […]

Since around mid-April the US dollar has moved broadly higher against its peers. One by one we’re seeing majors break or approach key levels, with AUD now having broken December’s low after invalidating it 2016 trendline last week. We can see on AUD’s weekly chart that the decline has stalled at the 50% Fibonacci retracement level between […]

The 1.20 area remains a key focus on EUR/CHF, as a break above it could pave the way for the next leg higher in line with dominant momentum. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

GBP/USD is testing key support after a disappointing GDP report – see what levels and economic reports we’ll be keeping an eye on in the week to come. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

Daily analysis of USD/CHF for April 30, 2018 USD/CHF This pair went upwards last week (gaining 150 pips). Over 300 pips have gained in the last two weeks, and this is just the beginning, because the northwards journey would continue as a result of the stamina in USD. The resistance level at 0.9900 has been […]

BTCUSD Long-term Trend – Bearish Distribution territories: $11,000.00, $12,000.00, $13,000.00. Accumulation territories: $7,000.00, $6,000.00, $5,000.00. BTCUSD, like many other digital assets across the globe, witnessed a volatile price decline on April 25. The BTC market prices are averaging a bit above the distribution territory of $9,000.00 right now, after tumbling below the accumulation...