28 Aug 2018 @ 18:18
USD/JPY saw a bullish reversal this week to break out of its falling wedge pattern – bulls may now look to target 1.1200 or 1.1300 next Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
24 Aug 2018 @ 18:52
Price action on USD/JPY has been choppy of late, although yesterday’s break higher could pave the way for further gains. Hawkish FOMC minutes and trade tensions helped break the recent bout of USD weakness, before NAFTA optimism and firmer employment provided it another boost yesterday. Assuming we don’t get a dovish surprise from Powell later […]
23 Aug 2018 @ 19:12
Another day, another leadership challenge for Australia’s PM Malcolm Turnbull, leaving AUD crosses worse for wear. A second leadership vote could come as soon as tomorrow (5am GMT) if Turnbull receives a letter requesting a vote with 43 signatures on. The consensus is for Turnbull to be ousted, which puts Australia on track for its […]
21 Aug 2018 @ 20:53
A weaker USD has allowed NZD to climb from multi-year lows ahead of US-China trade talks tomorrow. Yet with a dominant bearish trend and resistance cluster close by, we’re seeking a rejection at resistance to signal momentum has realigned with the dominant trend. Faraday Research offers real time FX and Equity trade signals from qualified […]
16 Aug 2018 @ 01:16
Risk appetite has certainly deteriorated over the past week as Turkey clashes with President Trump and battles with the financial markets. It seems we are all emerging markets traders now as CNY and ZAR also get hit and trade near significant resistance levels, where the issues potentially become a wider test of global risk sentiment. Of […]
14 Aug 2018 @ 17:47
The bearish trend on GBP/CHF goes from strength to strength but, with multiple signs of over-extension and 8 sessions without a daily close higher, the risk of a bounce is increasing. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
13 Aug 2018 @ 18:23
EUR/USD has broken down to fresh yearly lows amidst concerns about exposure to Turkey – will bears look to target 1.12 next? Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.
10 Aug 2018 @ 17:58
Waiting for Godot is a well-known play by Samuel Beckett where in short, nothing much happens and nothing is certain. This may sound boring but really, it’s anything but boring. The summer months in markets remind us of this at times. They are historically well-known for being some of the quietest months in the markets and with volumes razor-thin. Indeed, […]
08 Aug 2018 @ 18:19
Higher inflation expectations helped cap AUD/NZD’s rally ahead of tonight’s RBNZ meeting. But with the trend favouring further upside, it could be too soon to write off another push higher just yet. Like all good neighbouring countries, there’s a friendly rivalry between Australia and New Zealand. Whether it’s over sport, culture or (specifically with these […]
07 Aug 2018 @ 18:44
With less than 24hrs until the RBNZ meeting, NZD remains pressured from trade concerns and soft domestic data. And with recent price action rejecting pivotal resistance, we’re looking for an eventual break to new lows for the year. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try […]