Latest Forex Research

Daily FX Update

The market continues to digest this week’s events. Into today’s open the USD is strong,

The charts in the Euro look bearish and this week’s economic news fails to alter the downward motion inthe Euro currency.

After a slight recovery bounce in the Swiss, some of the oversold condition has been tempered.

We think the Yen is temporarily oversold and due for some short covering action.

The Dollar is like the energizer bunny as it continues to bounce back toward its highs even in

While we think consolidation support just under 91.00 is capable of underpinning the Canadian,

While the trend in the Pound seems to have shifted to the upside off the early September lows,

The Hungarian forint continues to rally The Hungarian continued to strengthen yesterday in

EUR/USD remains capped by the short-termdeclining trendline and the hourly resistance at1.2988 (05/09/2014 high).

Today’s highlights: EURGBP continues its decline and we stay bearish here for

As early results trickled in that the Scottish referendum favored a No vote, most Asian equity markets rallied.

EURUSD: The move higher, and especially so if taking out 1.2943, isquestioning the call for a final drop below 1.2834.