Currency

HSBA stock (LSE:HSBC) is not currently looking sexy because the market is rough. Although the market was bearish last month, the month of February 2018 has been rough so far. The ADX period 14 is at the level 30 (high momentum), while the-DM is above the +DM (sell signal). However, the MACD default parameters, has […]

Central bank interest rates are an incredibly interesting topic. That’s because the interest rates charged by central banks dictate so much. They play a role in the value of the currencies they represent, they cause movement in entire economies, and they send markets for a ride. So, it’s important to keep a close eye on […]

The USD/CHF consolidated on Monday, and then began to come down on Tuesday. Price has dropped 600 pips since January 10, and the support level at 0.9200 was tested before the current upwards bounce came into being. As long as the EUR/USD is being corrected lower, the USD/CHF would continue going upwards, leading to a […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Last week, this pair rose from the support line at 1.2250 and tested the resistance line at 1.2550 (a movement of 300 pips). After the resistance line at 1.2550 had been tested, price got corrected by 140 pips, closing below the resistance line at […]

The EUR/USD had a strong bearish movement last week, which resulted in a bearish bias. Price dropped 240 pips, to close below the resistance line at 1.2250 on Friday. The outlook on EUR pairs is bearish for the week, and thus the bearishness in the market would continue, as price aims for the resistance lines […]

1.2300 could prove to be a pivotal level for EUR/USD. Whilst it may continue to cap as resistance and mark the resumption of the intraday bearish trend, it could also confirm a double bottom reversal and break of trendline if bulls get their way. Faraday Research offers real time FX and Equity trade signals from […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is bearish in the short-term, for price went southwards throughout last week, moving downwards from the resistance line at 1.2450, and nearly touching the support line at 1.2200. The support line would be breached to the downside, as other support lines at […]

With BoE’s ‘Super Thursday’ and Brexit talks looming large at the end of the week, we discuss the long-term and near-term price action in GBP/USD. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

AUDNZD has closed beneath a key level ahead of support ahead of tomorrow’s RBNZ meeting, suggesting a larger topping pattern could be in play. Matt Simpson takes a technical look. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

The RBA hold their first monetary policy meeting of 2018 tomorrow and, whilst no policy change is expected, traders are particularly interested in the RBA’s response to the weak Q4 CPI print. There had been hopes that CPI would nudge its way back within RBA’s 2-3% target band, yet as both broad CPI and trimmed […]