Faraday Research

Amidst the ongoing Brexit hullaballoo (latest headlines suggest Theresa May will survive her no confidence vote as we go to press), Thursday’s ECB meeting has no doubt snuck up on many FX...

EUR/GBP: With momentum picking up towards the 2018 highs, there's 200 pips of clear space if we see a breakout above them. And if we take the longer-term bullish trend into account, a break above the...

Over the last couple of days, we’ve covered the drama surrounding the vote on Theresa May’s Brexit bill, from last week’s resignation threats, to rumors of its cancellation, to...

Volatility remains high, but a bullish reversal near support may provide a bounce over the near-term.Having ‘only’ fallen over 12% from its high, the S&P 500 is yet to breach the -20%...

As we hinted last week and earlier today, the Parliamentary vote on Theresa May’s Brexit plan has been on its last legs for a while now. In a speech at the House of Commons, the Prime Minister...

We take a look at the daily charts of EUR/USD, GBP/USD and USD/JPY to highlight key levels and patterns.EUR/USD DailyEuro continues to show potential to carve out a base. A higher low has formed at...

For seemingly the first time in months, today’s US jobs report had at least a little potential to influence the imminent Federal Reserve interest rate decision.Amidst a dramatically flattening...

With today's NFP report and strained US-China trade relations, JPY crosses have continued to garner attention. So today we look at the daily charts of USD/JPY, CAD/JPY and CHF/JPY to highlight key...

As my colleague Fawad Razaqzada noted early Thursday, it is not a question of whether [OPEC] will decide to cut supplies or not, but by how much. According to headlines at the start of the US session,...

A couple of weeks ago we highlighted Gold’s potential to re-test the October highs and, given the turn in investor sentiment and favourable seasonality, we still think it will eventually break...

Despite US stock and bond markets closed in honor of President George H. W. Bush’s passing, we’ve seen a surprising amount of volatility in the FX market.In overnight trade, the Australian...

Following its worst session in 20 weeks yesterday, volatility on USD/JPY has not gone unnoticed. After crashing down to the March trendline, the cross is clearly sensitive to the rout in bonds and...

As we anticipated on Monday, (see here), the risk-on rally in the wake of last weekend’s “trade war truce” between the US and China has sputtered out relatively quickly. With US...

A 6% rally in less than two weeks is clearly a victory for S&P 500 bulls but with key resistance now close overhead, risk reward may now be swinging back towards the bears.It’ still touch...

As you’ve no doubt heard, US President Trump and Chinese President Xi were able to reach a ceasefire agreement at the G20 summit in Argentina over the weekend.In exchange for the US agreeing to...

Today we look at EUR/USD, USD/CAD and AUD/USD to highlight key levels and patterns.EUR/USDA false break around 1.13 and broken bearish channel warns of the potential for a bottom to form. If 1.1267...