Faraday Research

When Thursday’s dueling Democratic and Republican proposals to open the government both failed to garner enough votes in the Senate, it assured that 800,000 government employees would go a whole...

As unanimously expected, the European Central Bank made no changes to monetary policy in today’s meeting. In its statement, the institution reiterated that it would leave interest rates...

The FTSE's rebound has lagged its European and U.S. counterparts, so with a reversal pattern forming below a resistance cluster, it could be a good contender to short if sentiment sours once again. We...

AUD/JPY has paused beneath a resistance zone which includes a 61.8% Fibonacci reversal. If bearish momentum is to return it could confirm a head and shoulders top on the intraday timeframe and signal...

US stock markets were closed Monday in remembrance of Dr. Martin Luther King and given the headwinds the world economy faces, perhaps policymakers could benefit from his overriding message of...

As my colleague Fawad Razaqzada noted yesterday, markets were relatively dull heading into the day’s marquee event, the release of UK PM Theresa May’s “Plan B” Brexit bill....

We take a look at the daily charts of EUR/USD, USD/CHF and AUD/USD to highlight key levels and patterns.EUR/USD DailyAfter failing to hold above 1.15, the euro appears to be forming a corrective...

Much like a rollercoaster ride, this week’s Brexit developments have been full of twists and turns…but have ultimately taken us right back to where we started the week. PM May’s...

Despite the turmoil of UK politics and never-ending cycle of Brexit headlines, price action suggests GBP/USD could continue to strengthen. Starting with the weekly chart, we note a bullish pinbar...

In complex adaptive systems like modern financial markets, a change in the price of any one market has a spillover effect into other markets. One of the best understood and most straightforward of...

With gold coiling at its highs amid an accelerating trend, we’re looking for a break of 1300. We can see on the daily chart that the structure is firmly bullish and its trend is accelerating to...

The US government shutdown is dragging into its 26th day with no end in sight, but the market impact has been limited so far. Indeed, the S&P 500 is has gained 8% so far – a return that is...

One of the first things that new traders to the FX markets learn is that many currencies are correlated with other markets. For instance, the close relationship between oil and the Canadian dollar or...

We take a look at the daily charts of GBP/USD, EUR/GBP and GBP/JPY ahead of today's parliamentary vote on Brexit.GBP/USD DailyA bearish pinbar closed beneath the 100-day average. The pinbar respected...

Traders’ risk appetites are actually holding up relatively well, despite abysmal Chinese trade figures overnight (exports -4.4%, imports -7.6%), the likelihood of a failed vote on UK PM...

We take a look at the daily charts of EUR/USD, USD/JPY and USD/CAD to highlight key levels and patterns.EUR/USD DailyEuro’s failure to close above 1.1500 on Friday warns of a bull-trap (and left...