Fallout from SNB move in the FX world – My two penn’orth

What happened?  – some historical context. I have been in the City for over 25 years. My first year was 1986, and I started life in Stock Broking. One year on saw the Crash of ’87. As a youngster I … Continue reading

FX added to the FuturesTechs offering

As well as being a leading provider of Technical Analysis on Fixed Income, Equity and Commodity Futures we have now added FX to our stable of products with a “Trade Signals” service, giving entry, stop, and targets for 8 FX … Continue reading

Forex Technical Analysis – Why we’re long of Cable

We have been trying to get long of Cable for the last few days. On Friday our money management rules saw us scratch our first “go”, so no harm done there. Yesterday’s move down to 1.5143 stopped us out on our second … Continue reading

USDCHF pulls back to support – Buying opportunity!

Trade Idea: Buy USDCHF @ 0.9400 Stop: 0.9370 Target 1: 0.9495 Target 2: 0.9595 Background: Yesterday we suggested that 0.9400 would be a good place to get long USDCHF, a trade that served us well last week. This trade didn’t … Continue reading

EURJPY Technical Analysis – When it’s okay to be stopped out!

Last Friday we noticed this on the EURJPY Chart: This Cross had sold off back to trend support, and was sitting right on this line.  We got long, sending out to our clients the following: BUY  – 123.25 Stop – … Continue reading

Forex Technical Analysis for 9th October – Sell GBPUSD

Our early morning Signals reports service is now up and running. This morning’s highest conviction call was a sell in GBPUSD at 1.6060, a trade which is yet to be triggered as early price action was a sell off to … Continue reading

Forex Technical Analysis for 2nd October – AUDUSD

The RBA cut rates 25 bps overnight and the Aussie has weakened against the US Dollar. What next for this currency pair? What do the charts say? Market Profile and Candlesticks are the two main “building blocks” of our analysis … Continue reading

FX Technical Analysis – EURGBP a BUY at 8078

This morning’s analysis for EURGBP suggested a buy at 8070 with a stop at 8044. Since we put that out pre 8am (UK time) the market has tested and held this level on a number of occasions. A buy trade … Continue reading

Forex Technical Analysis – EURGBP is a “Buy” here

FuturesTechs is looking to add to it’s Forex coverage in the coming weeks and months, and re-vamping our website to make it more “user friendly” for Individual traders, with extra emphasis on Forex. Below is an excerpt from today’s report … Continue reading

Forex Technical Analysis

For today’s Forex “Lunch” Report we looked at the Dollar Index . As well as covering 4 major FX Crosses every morning we also send out a lunchtime update on anything that’s of interest in FX Land! Below (click on … Continue reading