Latest Forex Research

Daily FX Wrap and Strategy

The NZD/USD sits marginally lower, at 0.8770, thismorning. The NZD trickled lower early yesterday morning followingthe GDT global dairy auction,

AUD/USD was unable to better Tuesday’s 2014 highs with the sharp correction lower and relatively bearish close Wednesday of some concern to bulls.

With AUD touching 0.95 and diverging from fundamentals, some investors have started to worry about

While some pockets of risk in financial markets exist, Federal Reserve Chair Janet Yellen said Wednesday

EUR/JPY has settled back into a near-term range, but topping pressure remains in place. Below 136.23 would signal a more bearish phase for 131.20.

Sterling consolidated as expected from the 1.7050 target; the a-b-c consolidation completed wave-4 and

The bear flag we highlighted yesterday did realize a breakdown but it was short-lived. Our 101 target was not met although prices did fall to

Following the negative triangle breakout early June the market has now reached critical Fib.-support at 1.2138

Having already exceeded the internal 76.4 % retreatment at 0.8005 quite a bit, chances of running into

Having finally managed to break decisively above key-pivotal resistance 1.7044/49 (2009 high/2005 low)

Following the defense of key-support at 1.3477 (2014 low) the market finally managed to clear key-resistance at 1.3675/76 (200 DMA/pivot) on

The USD is mixed, repeating a familiar theme of a strong GBP and growth currencies but weak Europeans.