Latest Forex Research

Daily FX Wrap and Strategy

The NZD lost ground against the USD on Friday night along with all its peers, weakening by 0.3% to 0.8130.

Bears continue to retain overall focus on the 2014 low as the AUD/USD dipped to fresh 6 month lows Friday and

It seems that the markets are up for a major test, as the USD approaches multi-year resistance levels…will it?

In the week ahead, investors will be awaiting Tuesday’s data on euro zone private sector activity,

There have been no substantial changes in the aggregated positions since last week except for an increase in the short kiwi position.

U.S. Review FOMC Meeting Does Little to Change Our Outlook • The Fed lowered its projections for GDP and unemployment slightly,

With risk events looming traders scaled back one way bets against most currencies,

USD/JPY – BULLISH BIAS – (106.80-110.20)

EURUSD: Go short around the overnight high of 1.2931 and add ahead of 1.2975 with a close stop above 1.3000.

Sterling traders adjust strategy after “no” victory The Scotland says “no” to independence, hence the 307-year-old union remains intact.

Sterling halted at a major confluence of resistance and can now resume lower to 1.60 (at a minimum).

Our wave-v’ down to mid 1.27s call stands; any move below 1.2835 can satisfy this final leg in a cycle that began from 1.34.