Latest Forex Research

Daily Market Technicals

Fresh 2014 and 2 year lows overnight see immediate focus having shifted to the $1.2465 Aug 28 2012 low with

The pair started H2 of the Japanese fiscal year at Y109.65 and early attention was focused on

The NZD has consolidated over the past 24-hours, to sit at0.7790 this morning.

Bears take a little comfort in the bounce from ahead of recent 8 month lows when combined with the O/S daily studies that are due a correction.

The USD rally continues as EUR breaks towards 1.2600 and the DXY index breaks up to a four‐year high and above 86.00.

With a massive downside extension in the Euro overnight seen in the wake of unchanged jobless readings for the Euro zone and Germany,

With another sharp range down extension in the Swiss overnight a series of technical support levels have been violated.

Next longer term support on the weekly charts is seen about 55 points below this morning’s early trading levels.

The Dollar has soared to fresh new highs overnight in the wake of a series of unchanged Euro zone and

The US Dollar is winning by default and because of a lack of definitive growth in most areas outside of the US.

Even with generally positive UK growth results overnight, the Pound has continued to

Much too low for comfort, now hoping for base effects to materialise