Latest Forex Research
Daily Market Technicals
Layers of resistance are accumulating with bulls needing a close above $1.2742 to ease bearish pressure and
USD/JPY Analysis
The pair opened at Y108.26 this morning and gained in early dealings toward the overnight high of Y108.35.
Daily FX Update
Market sentiment is encouraging into the open. Earnings, China’s PMI and Europe’s PMI have all helped to
EUR Mid-day Analysis
After forging a fresh downside breakout overnight, the Euro has recovered slightly on the heels of better
CHF Mid-day Analysis
The Swiss trend remains down but perhaps the Swiss became temporarily oversold into its overnight lows.
JPY Mid-day Analysis
A fresh downside breakout in the Yen overnight suggests that more declines are ahead,
USD Mid-day Analysis
The Dollar might have become temporarily overbought with its climb above 86.00 but
CAD Mid-day Analysis
Global data has marginally improved but that has not resulted in a definitive risk-on-extension.
GBP Mid-day Analysis
The bull camp in the Pound has to be discouraged by slack UK data points overnight and
Daily Technical Report
EUR/USD continues to weaken, as can be seenby the break of the hourly support at 1.2706 (seealso the rising channel).
CAD and Oil: What Are The Right Questions?
Today’s Canadian Monetary Policy Report made scant mention of the precipitous fall in oil prices over the past three months,