Latest Forex Research

EuroStoxx50 Technical Analysis

The recovery from ahead of the 21-DMA continued Thursday with Stoxx50 making its first foray into

AUD/USD Analysis

The pair drifting lower into the European session after mostly regaining the important $0.8545 50% Fibonacci level,

EUR/USD Analysis

The pair opened this morning at $1.2375 after it crumbled to a $1.2364 low during the US/European session overnight following comments from

USD/JPY Analysis

The pair opened at Y115.21 this morning and then saw an early move higher,

Daily FX Wrap and Strategy

The NZD has seen a whippy 24 hours, but overall has sunkin line with the majors against the USD.

ECB: Draghi about to move into the super mode again

Draghi dropped plenty of hints that the Governing Council was preparing for more easing.

EURGBP – double bottom breakout projects gains to .7912/26

We are viewing the late September low in the cross as a significant wave-5 low that ended the 5 wave decline from .88 in 2013.

EURUSD – expecting a wave-(b) or 5 low near 1.24/25 this/next week.

The 1.2500 level has contained the latest push lower after first yielding but the larger downtrends are still all pointing down.

BoE: No actions taken

As expected the Bank of England (BoE) maintains the repo rate unchanged at 0.5% and

FX Majors Trading Strategies

EUR/USD: We would like to sell closer to 1.2550, but struggle to see

EUR Mid-day Analysis

As usual the ECB has indicated they will “wait” for recent stimulus to “sink in” and

CHF Mid-day Analysis

The Swiss remains in a downtrend pattern on its charts. Reports that the ECB is going to