Please try another search
After showing signs of stabilizing over the past couple of weeks, crypto-assets began seeing sharp selloffs in yesterday’s trade.The proximate catalyst for yesterday's big drop was a report that...
Since our previous USD/CHF post, the pair broke to new lows in a seemingly direct route. We raised the potential for a 300-point drop and our bearish view remains whilst we trade beneath the...
US traders returned from the long holiday weekend to the see the greenback gaining across the board.When the first of this week’s key US economic reports hit the wires, it was impossible to see...
The US dollar remains a central theme for traders with trade tensions resurfacing. Today we look at the daily charts for EUR/USD, USD/CHF and GBP/USD.EUR/USD DailyA bearish hammer warned of weakness...
As the final week of the month draws to a close, Aussie bulls are clearly licking their wounds.The Australian dollar has been the worst-performing over the month, week and day so far as the currency...
What's a trend?There are countless ways to answer that question, but I’ve always been partial to perhaps the simplest definition: an uptrend is when an asset moves from the lower left to the...
Last week, we highlighted some encouraging signs from the joint UK-EU press conference, noting that “The EU’s willingness to extend the previous deadline suggests that a mutually...
The breakout to an 11-month high has been seen with increasingly bullish momentum, which paves the way for further gains. That doesn't mean it won’t mean revert first though.Recently described...
A full six weeks ago, we highlighted how the combination of a bearish candlestick formation and a clear divergence in the RSI indicator suggested that USD/CHF could be topping.While it has certainly...
Since the 0.9983 high, USD/CHF has printed its worst 10-day run since February. And with extreme positioning of the US dollar and Swiss franc, we think it has the potential to extend losses.We can see...
With UK traders out on holiday and markets generally slow as traders try to soak up the last of the summer sun, Monday’s trade has been all about…well, trade.Representatives from the...
Following the recent move for the US dollar, we take a look at the daily charts for EUR/USD, USD/JPY and USD/CAD.EUR/USD DailyA bearish trendline from the June high continues to provide resistance. A...
In yesterday’s article, we highlighted the crosswinds impacting today’s speech by Fed Chairman Powell at the Jackson Hole Symposium, eventually concluding that, “Powell [should]...
Price action on USD/JPY has been choppy of late, although yesterday’s break higher could pave the way for further gains.Hawkish FOMC minutes and trade tensions helped break the recent bout of...
Another day, another leadership challenge for Australia’s PM Malcolm Turnbull, leaving AUD crosses worse for wear.A second leadership vote could come as soon as tomorrow (5am GMT) if Turnbull...
Last month, the Federal Reserve changed a grand total of about twelve words in its most recent monetary policy statement (see last month's FOMC recap for more), so traders were understandably...
Earlier this month, the US Dollar Index broke out to a fresh 14-month high, reaching a peak near 97.00 midway through last week before turning lower in the latter half of the week. Despite the dip...