Latest Forex Research

JPY Mid-day Analysis

We see the Yen in an entrenched down trend channel pattern but a major flare up

The Dollar enters the Tuesday trade sitting just below fresh new highs for

Surprisingly the Canadian Dollar has managed to respect the mid-December lows and

Seeing UK GDP growth come in at just +0.7% failed to support the Pound which looks to

Today’s highlights: EURUSD trend stays bearish to test the 2012 low at 1.2042.

The Q3 GDP growth was revised downwards to 2.6% from 3.0% y/y.

EUR/USD has declined further below support at 1.2247 to 1.2217(yearly new low).

EURUSD: The upmove has been extended to and beyond the 2009 high of 89.62.

There’s a lot of US data on the agenda today. US durable goods orders are expected to

Steepening on the German curve, flattening in the US.

The break of the 61.8% Fibonacci retracement at $1179.5 Monday came following another

There is a countertrend bounce after a clean 5-wave decline but