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.
