Latest Forex Research

Crude Oil Technical Analysis

The sharp sell-off Thursday bounced aggressively from ahead of the 2014 low

Daily Market Technicals

Bulls take a little comfort in the euro finding support ahead of the recent 2014 and 2 year lows. O/S daily

GBP/USD Analysis

The pair closed in NY Thursday at $1.6145 after rate was sold down to a session low of $1.6112,

EUR/USD Analysis

The pair opened this morning at $1.2669, after it traded up to a $1.2699 high in the wake of last night’s ECB decision and

EuroStoxx50 Technical Analysis

Although choppy sideways trading has dominated, Stoxx50 has remained capped by the 21-DMA

USD/JPY Analysis

The pair was mildly softer this morning as the dollar crept back up off recent lows although the overall gains

FX Forecasts

Our G10 forecasts have long encompassed a bullish USD theme, so the modifications here are ones of magnitude rather than direction.

Daily FX Wrap and Strategy

The NZD/USD has been the strongest performer out of itspeers over the past 24-hours, sitting at 0.7880 this morning.

Aussie Currencies Technicals

The sharp bounce from ahead of 2014 lows and relatively bullish close Wednesday were followed up with

Greenback remains very much in demand

EUR/USD: pushed lower by ECB The EUR/USD extended its slide to 1.27, fuelled by expectations of

EURUSD – 3-wave correction suggests downtrend still unfolding

We could argue that wave-v of (v) down has been satisfied as the proper divergences are in place.

AUDUSD – bullish hammer reversal at critical .8660 level

Aussie bounced right off major .8660 support and formed a bullish hammer candle; on the 240min chart below there was bullish engulfing.