Please try another search
Talking Points:USD/CAD Technical Strategy: Flat Support: 1.2956, 1.2798, 1.2670 Resistance: 1.3102, 1.3212, 1.3327 The US dollar continues to correct lower against its Canadian namesake, hitting the...
Talking Points:NZD/USD Technical Strategy: Flat Support: 0.6443, 0.6261, 0.6114 Resistance:0.6679, 0.6791, 0.6973 The New Zealand dollar may be forming a double bottom against its US namesake, with...
Talking Points:AUD/USD Technical Strategy: Flat Support: 0.7219, 0.7084, 0.6974 Resistance:0.7438, 0.7577, 0.7689 The Australian dollar recoiled back into its three-week consolidation range after...
Reality Check:With forex markets buzzing on the uncertainty that the Chinese have entered the so called currency wars, the volatility and whipsaws have given traders an extra reason to question the...
The USD/CAD pair traded heavily on Wednesday with a 200+ pips range dragging lower and we believe there is more to be seen on the lower side. We prefer to see USD/CAD testing around 291X zone and like...
“Long is the way and hard, that out of Hell leads up to light.” – John Milton, Paradise LostLast week, we highlighted a big inverted head-and-shoulders pattern on USD/JPY, and with...
DAILY FX WRAP – The PBoC remained in the spotlight today as FX markets were once again impacted by the central bank’s policy decision to weaken the CNY against the USD. For the second day...
It’s been another whirlwind Asian session in the forex market, with the volatility once again kicked off by a big devaluation of China’s currency. Despite claims that Tuesday’s 1.9%...
USD/CHF: With USD/CHF turning lower on a strong sell-off on Wednesday, it now faces further corrective weakness in the days ahead. On the downside, support comes in at the 0.9700 level. A turn below...
NZD/USDCurrently, we are at 0.6616. We are looking for a continuation to the Fibo support area at 0.6691 with an overall target at 0.6741. The average daily true range (ATR) for the pair currently is...
Probable mean reversionIn this review we would like to present you the BRENT_RUB personal composite instrument (PCI) on the daily time frame. The instrument implies quoting Brent oil with the Russian...
Bob Farrell once penned: "When all the experts and forecasts agree – something else is going to happen." This rule fits within Bob Farrell's contrarian nature. This view was also confirmed by...
EUR/USD fighting with triple resistance around 1.1130 (2 local tops and 1st Fib) on Wednesday. If the pair confirms the breakout, 1.1200 will be the next target.EUR/USD (2 months) Original post
Market analysts have offered a number of reasons for the PBOC’s dramatic revaluation of the yuan, including China’s desire to have the currency added to the IMF’s SDR basket of...
Talking Points:USD/JPY Technical Strategy: Flat Support: 124.56, 124.12, 123.41 Resistance: 125.20, 125.88, 126.43 The US dollar paused to digest gains after rising to the highest level in two months...