In the short run, we continue to expect EURUSD and GBPUSD to test major resistance levels, which is consistent with our roadmap from 1999, before turning again later.

Looking back to 1999, as the DXY started turning higher in Read More →

Key Points

• The Aussie dollar remained in a downtrend against the Kiwi dollar and settled below 1.0400.
• There is a crucial bearish trend line on the hourly chart of AUDNZD with a resistance near 1.0400 at the moment.
• Today, the Read More →

Key Points

• The British pound traded consistently higher against the Swiss Franc recently and moved above the 1.2600 resistance.
• There are many support trend lines on the downside at 1.2620-1.2600 on the hourly chart of GBPCHF.
• Today, the Switzerland Trade Read More →

At the surface, the "Trump trade" unwind appears remarkably partial. While the higher dollar view has been challenged at the start of 2017, reflation trades including cyclical stocks and commodities have held up relatively well. The answer, as we have Read More →