Jul 22 2018 @ 00:27
Here’s the market outlook for the week: EURUSD Dominant bias: Neutral Price made a bullish attempt on Monday, but started coming down afterwards. The support line at 1.1600 was tested and price bounced off it, closing above another support line at 1.1700. The market is neutral, and that status will continue as long as price […]
Jul 20 2018 @ 03:11
Following a retracement from its high, we’re keeping a close on EUR/JPY and resumption of its bullish trend. We can see on the daily chart that, since breaking the bearish trendline from the 137.51 high, a change of primary trend has been confirmed with a break above 130.35. The rally from 124.62 has come in three […]
Jul 18 2018 @ 04:27
The parabolic moves on USD/CNH has seen AUD and Asian currencies in general come under pressure. So, with its break to a fresh 11-month high today, AUD/USD is back under the spotlight for a move lower. Last month USD/CNH endured its second most bullish (and volatile) month on record and its ascent has continued into […]
Jul 17 2018 @ 03:06
USD/CHF’s rally is showing signs of reversing after the pair peeked out to a 14-month high earlier today… Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
Jul 15 2018 @ 03:08
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In the long-term, the pair is bearish, and last week was bearish too. Price dropped by 140 pips, moved briefly below the support line at 1.1650, and then closed above it. This week, there could be a test of the support lines at 1.1650 […]
Jul 14 2018 @ 23:32
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. […]
Jul 10 2018 @ 03:26
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 […]
Jul 09 2018 @ 04:51
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.
Jul 07 2018 @ 08:09
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 […]
Jul 06 2018 @ 09:52
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 […]
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