Foreign Exchange

It’s almost as if President Trump was tempting fate when he tweeted “great news”” about the rebound in the US stock market. Or perhaps he was beckoning Wall Street to have another stab at driving markets lower. Within 24hrs of congratulating the third best single-day gain for DJI, US markets are on the back ropes again […]

After noting the US dollar index was showing signs of compression last week, we’ve been on the lookout for volatility to broadly hit the USD since. And with WTI testing highs, Euro breaking out of compression and money flowing out of safe-haven currencies, we suspect the next phase of volatility is underway for markets. Since Thursday’s […]

GBP/CAD has been the strongest performer among Sterling crosses this past month, so after a minor retracement from the highs we’re seeking bullish setups on the pair. We also take a look at the FX calendar for the week ahead. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here […]

Daily analysis of USD/CHF for March 26, 2018 USD/CHF The USD/CHF may assume a directional movement this week. In the short-term, this pair is bullish. Since the support level at 0.9200 was tested in February 16, 2018, price has rallied by over 350 pips, moving briefly above the resistance level at 0.9550. The market has […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair has consolidated so far this month. Price has been ranging between the support line at 1.2250 and the resistance line at 1.2450. This week may see an end to the neutrality of the market, as price would either move above the resistance […]

US dollar bulls failed to materialise when it was apparent the Fed are veering towards three hikes this year. Yet even if four hypothetical hikes were presented it remains debatable to how long the bullish reaction would have lasted, considering the brewing trade wars, that ‘pesky’ Mueller probe and twin deficits which cloud the dollar’s upside. […]

USD/CAD uptrend has paused at key structural levels. With ongoing trade issues, the FOMC and key Canadian data looming large, we take a technical look at this major. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

Friday’s break above 1.80 takes GBP/AUD to its’ highest level since the days following Brexit. With UK CPI and BoE’s meeting making up just some of the data flow specific to GBP/AUD, the potential for volatility to remain could be high. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral The market is generally, neutral. It initially made bullish effort last week, reaching the resistance line at 1.2400, and then retraced towards the south. Price is now below the resistance line at 1.2300, going towards the support lines at 1.2250 and 1.2200. Any rallies […]

It’s been another turbulent week in the FX space with potential trade wars, moves in the Canadian dollar and Japanese yen accounting towards the bulk of the hype. This is all well and good if you were able to trade such moves but, if not, we’d propose looking at currencies which suggest range expansion is just around the […]