Latest Forex Research

FI Eye-Opener: No place like home

German yields ended the day marginally lower yesterday, but US yields jumped on the back

GBPUSD – wave-(a) completes at 38.2% retrace; wave-(b) to 1.61/60

The ideal correction for Sterling is unfolding accordingly.

Gold Technical Analysis

The $1242.7 level remains key with bulls needing a close above to confirm an easing of bearish pressure.

USDJPY – below 108.65/26 signals correction to 107.39

The 4-hour chart shows a pivotal zone for support today as prices are testing the sharp up channel that contained wave-(iii).

Crude Oil Technical Analysis

With the contract having looked uncomfortable below $90.50 the result has been a bounce that saw a close

EURUSD – still stuck in downtrend below 1.2900; major support is 1.2755

The right divergences are in place for a bottom to form in Euro but

EUR/USD Analysis

The pair closed in NY Wednesday at $1.2780 after rate was pressed through barrier support at $1.2800 during the NY morning,

GBP/USD Analysis

The pair closed in NY Wednesday at $1.6335 after rate eased off earlier recovery highs of $1.6414 to a low in

EuroStoxx50 Technical Analysis

The sell-off that dominated for the majority of this week came to an end Thursday with

AUD/USD Analysis

The pair sits 61bps lower on the day at $0.8824 after the RBNZ Governor Wheeler issued an

USD/JPY Analysis

The pair started at Y109.04 in Asia Thursday, the euro-yen cross at Y139.36, extended gains to session highs of

Daily Market Technicals

Bears remain firmly focused on the 2013 low and then the $1.2637-60 region below.