Faraday Research

The FX barometer of risk tried to break to its lowest level since November 2016 this week. And with bullish momentum sorely lacking, we’re seeking opportunities to enter short.We can see on the...

Markets have calmed down since Monday's big risk asset selloff, but that doesn’t mean that there’s nothing exciting on the horizon for traders. Namely, today’s BOE meeting should...

Following a firm rejection of a resistance cluster, we’re circling EUR/CHF for a potential short. We can see on the daily chart that the resistance zone previously highlighted has performed its...

The World Cup has trumped forex so far in trade this week, with the major currencies consolidating in relatively tight ranges against one another. The US dollar is consolidating against its, gaining...

With a series of lower swing highs within a bearish channel on the daily chart, a break of August's low could pave the way for a 300 pip move lower for the EUR/JPY pair. Original post

FIFA has trumped forex so far in trade this week, with the major currencies consolidating in relatively tight ranges against one another. The US dollar consolidated against its rivals Monday, gaining...

Well, it’s official: The Trump administration has slapped a 25% tariff on 818 Chinese goods, with a total value of up to $50B.This action comes on top of the recent decision to impose steel and...

As my colleague Fawad Razaqzada noted early Thursday, the euro spiked briefly after the morning’s ECB meeting before reversing violently back to the downside in a mirror of Wednesday’s...

Since teasing markets with a break above the infamous 1.20 level, EUR/CHF opted to plunge over 5% from the highs with some sort of vengeance. But now that prices have stabilized below a cluster of...

Crude Oil WTIPrice action is creeping up the inside of a broken trend line and remains below a cluster of resistance. If bearish momentum is to return soon, a bearish flag could unfold to target the...

AUD Momentum Bumping Into Key Resistance Zone.

After 3-months of coiling the S&P 500 has regained its focus on the all-time highs following the return of bullish momentum.Near the end of April, we highlighted the importance of a large coiling...

Record oil production from the US and expectations for OPEC to boost their output has taken its toll on oil this past week. Although had it not been for the weaker dollar, it could have found itself...

In true turnaround style, Euro rose broadly higher in face of fear-mongering headlines when Italy’s political crisis showed a whiff of a positive development yesterday. Whilst the turmoil in...

CAD/JPYLast week's bearish engulfing candle below a pivotal area suggests a swing high may have been seen, with the longer-term trend pointing towards a break of the 2018 low. Below you'll find the...

A burst higher following two bullish hammers at range lows has AUD/CAD on our radar for a prolonged run.It would be fair to say that, at times, AUD/CAD hasn’t been the prettiest of charts to...