16 Jan 2018 @ 22:26
AUDCAD has stalled beneath a pivotal zone of resistance as we approach the BOC policy meeting and Australian employment report. If we are to see a divergent theme materialise between the two events, we’d could expect price to provide a decisive break or firm rejection of this resistance area. As a break higher would place the cross within […]
12 Jan 2018 @ 02:55
USD/JPY has sold off dramatically this week and Jamie Dutta discusses this move and the wider picture for this major. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
11 Jan 2018 @ 21:06
The Australian Dollar was given another boost today after retail sales far exceeded expectations. Poking its’ nose to a 3-month high before edging low, the move follows on from an impressive run since the 8th December low. Since then, AUDUSD has already gained 4.7% and, with exception to NZD, dominated the majors. So as AUDUSD is […]
09 Jan 2018 @ 20:19
As global economic data has continued to improve, appetite for risk has risen which has sent global stocks to record highs, weaken the Yen and revive the carry trade. The weaker USD has also strengthened commodity currencies which helped CADJPY, NZDJPY and AUDJPY enjoy the past few weeks of trade. Yet another pillar of support […]
08 Jan 2018 @ 20:07
Euro’s rally stalled below the 2017 high just as gross long positioning reached fresh levels. So is a breakout or retracement imminent? We’re keeping a close eye on the 1.20-1.21 area for clues. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
04 Jan 2018 @ 23:05
It’s probably fair to say that the British Pound exceeded expectations of many in 2017. By the close of the year, GBP had rallied 9.53% against the flailing Greenback, 7.4% against NZD and 5.6% against JPY. Yet whilst these are admirable results from a currency which was poised to only go lower (thanks to Brexit) […]
04 Jan 2018 @ 23:03
With the goldilocks global economy set to roll on for another year, the current environment should remain supportive for risk markets and assets. This cyclical environment – broadening growth with low and benign inflation – will also be helped along by lower political uncertainty. The world has seemingly learned to live with President Trump’s tweets (“My nuclear button’s […]
20 Dec 2017 @ 20:40
Now AUDUSD has firmly rejected 75c in the final weeks of 2018, it brings into question whether it will try to repeat the stellar performance it enjoyed from the offset in 2016 and 2017. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
15 Dec 2017 @ 20:04
Since the September high, Gold has ‘only’ managed to shed 7.6% in value (if we look past the 9.1% it achieved by Tuesday’s low at the $1236.32). It was thanks to Wednesday’s FOMC meeting that Gold bugs were given a reprieve from bears as traders were positioned for a more hawkish meeting before broad USD […]
14 Dec 2017 @ 21:53
Ahead of the BoE and ECB, Jamie Dutta discusses EUR/GBP with structural levels crucial for future longer-term direction. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.