Latest Forex Research

Crude Oil Technical Analysis

The $83.26-85.56 resistance region remains key with bulls needing a close above $83.26 to

The pair was Supported by stronger-than-forecast CBI Retail Sales data on Monday which saw the rate lift to

After having remained capped by the 21-DMA (3042.2) Stoxx50 managed a brief spike above to

The pair had a generally stronger day but was directed mainly by technicals and

The significance of the $1.2605 support was confirmed last week with the EUR/USD having found support around

The pair started this morning’s session at $1.2698 after a $1.2675 to $1.2723 range during the US hours last night.

Despite the recent market turmoil, we expect the Fed to end its QE programme at this week’s FOMC meeting,

The pair weakened marginally in the early hours of the session today after it had opened at Y107 vs the dollar and

The focus this week will be Thursday’s RBNZ OCR announcement, especially following last week’s low CPI print.

The NZD sits at 0.7900 this morning, having gained 0.5%against the USD to sit atop of the G10 leader-board.

USD/JPY: We’ve seen some USDJPY profit-taking on longs above 108 ahead of the FOMC decision later this week,

Markets are mixed with signs of relief over the ECB stress tests; a negative domestic market reaction to