Faraday Research

Although EUR/USD finally broke out of its range, 1.15 remains a core focus as we head towards the weekend as a close either side of it today will dictate sentiment next week.Dovish FOMC minutes and a...

This week we’ve seen both CAD/JPY and USD/JPY stall at resistance clusters so, with S&P 500 also stopping at a pivotal level, it suggests risk sentiment may have approached an inflection...

The minutes from each Federal Reserve meeting are released three weeks after the meeting itself, meaning that they’re generally stale under the best of circumstances.That sentiment is especially...

With compression underway beneath a cluster of resistance, we're anticipating another burst of momentum for USD/JPY to begin its next directional move.We’d warned that volatility was brewing...

The pendulum of market sentiment swings ever back and forth between fear and greed, euphoria and despondency. Lately, it seems like the time it takes to shift from one to the other is about a year, at...

With a couple of events likely to impact CAD/JPY this week, we’re closely watching to see how it reacts around the pivotal level it rebounded towards this week.Whilst this week’s BOC...

The last few months have been hard on stock-market bulls, to put it lightly.Only three short months ago, the S&P 500 was trading up by 10% on the year, on track for its 10th straight positive year...

Santa’s rally took another slap to the face yesterday with the S&P 500 closing firmly beneath the 2018 low. Currently trading -9.2% lower amid its worst month since February, the odds of a...

Heading into arguably the last major market event of 2018, traders felt they had a decent grasp on what the Federal Reserve would do.Despite a wobble in financial markets and rising global concerns...

We see a potential topping pattern on USD/JPY which is eerily similar to one last December which resulted in a 700-pip decline. So, with a highly anticipated FOMC meeting just hours away, it’s...

As he is wont to do on many topics, President Trump has waded into monetary policy discussion ahead of Wednesday’s Fed meeting. On Tuesday he tweeted: I hope the people over at the Fed will read...

Another week, another Brexit speech from UK PM Theresa May to a skeptical Parliament.In comments to the House of Commons Monday, May said that staging a second referendum "would say to millions who...

Today we look at EUR/USD, GBP/USD and AUD/USD daily charts ahead of Wednesday's FOMC meeting.EUR/USD DailyFriday’s close beneath the triangle consolidation pattern suggests that EUR/USD is...

Generally speaking, US traders have been focused on the other side of the Atlantic this week, with particular attention on the continued Brexit drama and the mostly as-expected ECB meeting. With those...

The FTSE 100 may have recovered 3.6% from its low, but the technical landscape suggests its Santa’s rally could be headed to the Grinch’s lodge for Christmas.We can see on the weekly chart...

In yesterday’s article, we noted that the European Central Bank meeting had the potential to be a bit of a non-event and based on today's market’s reaction, that’s exactly what...