Latest Forex Research

Daily FX Wrap and Strategy

The NZD/USD sits at 0.7940, having fallen from intra-night highs above 0.7970.

The projections in the Bank of England’s November Inflation report showing inflation dropping to

Bulls remain concerned at the lower daily high and low Tuesday following on from Monday’s close back below

The hourly chart shows a decline this month that has so far held critical 1.1254 support.

Entering the NA trading session, the USD is weak, with many other markets relatively quiet.

Following an extremely oversold spec positioning in the last COT report,

The 50 day moving average in the December Swiss is seen up at 1.0514 and

The down trend in the Yen continues as calls for a snap election and

The Dollar looked set to charge higher against a long list of hapless currencies at the start of this week but

Down trend channel resistance in the December Canadian is seen up at 88.88 and

Reports of a decline in monthly UK grocery sales for the first time in 20 years

Today’s highlights: EURJPY is vulnerable to a snap back correction,