Latest Forex Research
USD/JPY Asian Morning Analysis
The pair opened at Y118.55 in NY Friday having fallen steadily from an Asia high of Y119.21 to
EUR/USD Asian Morning Analysis
The pair opened at $1.2445 in NY Friday having seen a short squeeze from
The Week Ahead in FX
In the week ahead, investors will be awaiting the outcome of Wednesday’s Federal Reserve policy meeting for
Weekly Market Outlook
The relentless decline in oil prices, caused by persistent over-supply and weak demand,
USDJPY – a break of 117.25/05 would resolve a head & shoulders top
Prices obliged our call for a correction higher to 119.15/60 yesterday and
EURUSD – wave-(2) correction satisfied; wave-(3) targets 1.2618/2772
To recap, the falling wedge from October fits well as a wave-5 and that means Euro is starting a corrective countertrend rally.
EUR Mid-day Analysis
The Euro has managed to get some slightly supportive economic dialogue overnight from
JPY Mid-day Analysis
The Yen is short covering off fears that the global deflationary spiral could become
USD Mid-day Analysis
We view the Dollar as suspect after taking in this week’s action. Given somewhat positive data yesterday,
