Latest Forex Research

Daily Technical Report

EUR/USD is trying to bounce from its oversolddecline. The hourly resistance at 1.2988(05/09/2014 high) has held thus far.

NZDUSD fell to 0.8195 as the RBNZ kept its policy rate unchanged as expected, but lowered guidance.

EURUSD: The past three days price action has created a possible V-shaped bottom which together with 1)

A light data calendar again. Focus will continue to be on polls in connection with

Yields continued to head higher yesterday. For German bonds, the moves ended up being limited,

Gold continues to work its way towards the $1240.5 June monthly low with

The pair was in focus this morning, opening at $0.9156 but initially seeing very little interest,

Bearish dominance was reconfirmed Wednesday with the sell-off that saw a dip below the

Wednesday’s attempted recovery off 2014 lows traded marginally above the previous $1.2960 resistance level with

The pair closed in NY Wednesday at $1.6211 after rate’s recovery off earlier lows of $1.6052 was given an

A quiet morning for the euro so far today in the Asia-Pacific session, as it opened at $1.2917 following a $1.2883 to

O/B daily studies remain a concern for bulls with lower daily highs and