Foreign Exchange

Daily analysis of USD/CHF for April 8, 2018 USD/CHF The pair remains bullish in the short-term (and its fate is largely subject to whatever happens to EURUSD). Price went upwards last week, almost reaching the resistance level at 0.9650, and then getting corrected lower. The short-term bullishness will be rendered ineffectual only when price goes […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The pair is bearish in the short-term, which is still a weak bias. Price went downwards last week, moving briefly below the support line at 1.2250, and closing above it on Friday. There are resistance lines at 1.2300, 1.2350 and 1.2400. Things will go […]

The non farm payroll by numbers. A preview for 6 April 2018 by Faraday Research. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

The swissie is unloved currently but USD/CHF’s steady uptrend is heading into some key technical levels ahead of US employment data. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

Do you want to be a successful trader? Then you need to unlock your potential and develop the right habits and routines. Experience shows that people want to keep doing what they are doing, while expecting different results. In trading, that means they carry on trading in a certain way even when it brings poor […]

If price action yesterday is anything to go by, USD/CAD is in for a bad week. And if seasonal patterns are anything to go by, it could be in for a rough few months too. As our US Analyst Matt Weller aptly coined it, yesterday was a “King CAD” kind of day. Offering a reprieve from […]

It’s a “King CAD” kind of day in the FX market, with the loonie rallying against all of her major rivals. The proximate catalyst is (wait for it) the latest scuttlebutt about the North American Free Trade Agreement (NAFTA). The currency has been whipsawing back and forth based on the latest NAFTA headlines for months, […]

The price structure on the daily chart is firmly bullish and the trendline from the December low continues to act as support. With momentum on our side we are seeking bullish trades. Admittedly the decline from the 0.9515 is a little deeper than we’d like as a shallow retracement is generally preferred. But given we can see that two signs of compression have formed […]

After breaking the December trendline and compressing near recent lows, we explore the potential for further losses in line with a weekly bearish reversal candle. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

Daily analysis of USD/CHF for April 2, 2018 USD/CHF This bias on this currency trading instrument is bullish – but it is currently not a strong bias. Since testing the support level at 0.9200 (February 16), price has managed to gain about 360 pips. Last week, it managed to stay briefly above the resistance level […]