Latest Forex Research
AUD/USD Analysis
A rather torrid day for the Aussie this morning after it started at $0.9354 today. Early dealings were muted with aussie-dollar mostly trapped between
Daily Market Technicals
The bounce from fresh 2014 and 9 month lows Wednesday has seen initial support develop on the hourlies at $1.3378 but
EUR/USD Analysis
The pair started in Asia this morning at $1.3383 after last night’s $1.3333 to $1.3387 range during the US hours.
EuroStoxx50 Technical Analysis
Bears may be a little concerned about the lack of downside follow through combined with
USD/JPY Analysis
A mildly active session for the JPY this morning, mostly with dollar-yen reversing part of its wild overnight moves,
GBP/USD Analysis
The pair closed in NY at $1.6855 after rate had seen extended lows of $1.6821 earlier in the day on the back of weaker than forecast IP/Mfg data before
Labour Force – July – Unemployment rate jumps
Today’s employment numbers came in below market expectations which were centred on a rise of 13k.
Daily FX Wrap and Strategy
The NZD/USD sits at a similar level to yesterday morning,at 0.8480, at present.
Aussie Currencies Technicals
Aussie bounced Tuesday, spiking above 55 & 21-DMAs and closing above the 100-DMA.
USDJPY – wave-(4) correction support at 102.27/21 pivot/channel zone
The rally from 101.07 is strong has satisfied 3 of the requisite 5 waves for an impulsive rather than corrective rally.
GBPUSD – downtrend extending towards 1.6750/20 support zone
This decline in Sterling from the highs is extending and clearly below long-term uptrends now.
Daily FX Update
Rising geopolitical risk, a dampened outlook for Europe, strong data from the U.S. and building expectations for