Latest Forex Research
Crude Oil Technical Analysis
Initial resistance remains $93.69-94.37 region with bulls needing a close above $94.37 to
Daily Market Technicals
EUR/USD remains heavy following closes below previous key support levels at $1.3333 and $1.3294.
US: Fed is moving closer to the exit
Minutes of the 29-30 July FOMC meeting provided new evidence of an intensifying debate inside the Fed about when to
EUR/USD Analysis
The pair sank further this morning in Asia after it registered a $1.3256 low last night during the US hours.
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6594 after rate had been pressed to extended lows of $1.6589 as FOMC Minutes were seen hawkish.
EuroStoxx50 Technical Analysis
3094.6-3129.0 remains key to direction with the 21-DMAs, 38.2% Fibonacci retracement and
USD/JPY Analysis
JPY was under pressure through the morning today after dollar-yen opened at Y103.76 and euro-yen at Y137.58.
We Stay NZD/USD Short
Four main factors continue to point to further downside in NZD/USD, argues Australia and New Zealand Banking Group (ANZ).
Daily FX Wrap and Strategy
The NZD/USD has slipped to 0.8380 this morning. It spent most of yesterday afternoon flirting with the 0.8400 level that had marked the low on the currency since March this year.
Asian Currencies Technicals
The lack of follow through on the spike above the 21 & 100-DMAs Tuesday has now been followed up with a break below the previous $0.9288 support.
Daily FX Update
Markets are cautious leading into the release of the Fed minutes; with equities resting after the NASDAQ rallied to a fresh decade long high,
EUR Mid-day Analysis
A big range down extension overnight in the Euro sends the currency down to the lowest level since last September.