Latest Forex Research

Daily FX Wrap and Strategy

NZD/USD continues to break lower, with the 0.8200 levelbroken on the back of a much more cautious RBNZ.

The spike above the 200-DMA Thursday remained capped ahead of the $0.9229 resistance level before reversing lower with

USD/JPY – BULLISH BIAS – (104.80-108.00).

Concerns over China’s softening growth outlook are the focus for FX ahead of the NA session,

The Euro has seemingly found some consolidation support on the charts just above 1.29 and

At least to start, the Swiss has managed to respect consolidation support but

Apparently the Yen is not seeing rising concern of global slowing ahead as the liquidation wave continues.

We continue to think that the Dollar rally is overdone from a technical and fundamental perspective.

The problem for the Canadian is a definitively negative overhang of global slowing fears,

Finally the Pound has showed some recovery action and it is possible that the September Pound will

Today’s highlights: EURGBP’s aggressive bearish “outside” reversal at

Speculations about 50 bps rate cut in October hurts zloty Hungarian inflation in August in line with expectations