Faraday Research

Santa’s rally took another slap to the face yesterday with the SP&500 closing firmly beneath the 2018 low. Currently trading -9.2% lower amid its worst month since February, the odds of a turnaround look bleak to say the least. We’ve been tracking the top of the S&P500 for a while and, whilst it currently lags the ferocity […]

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 worth keeping an eye on which way this one breaks. The weekly chart shows that USD/JPY bulls are struggling to overcome the […]

Since its volatile burst through the August low, prices are beginning to coil beneath key resistance. And with GBP/USD caught in the crosshairs of key events this week, we expect volatility to make a comeback. Faraday Research offers real time FX and Equity trade signals from qualified analysts. Click here to try us free.

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 2017 high isn’t out of the question. Faraday Research offers real time FX and Equity trade signals from qualified analysts. […]

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&P500 is yet to breach the -20% threshold to confirm a bear-market. Another supportive feature eyed by the bull-camp is the cluster of structural lows between 2532.69 – 2603.54 which […]

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 higher. Over its 30-year monthly average, gold has appreciated eight months in a year, four of which have occurred between November through to February. We note […]

The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK services PMI surprisingly eased in November The services PMI in the UK registered an unexpected drop to a level of 50.40 in November, compared to a level of 52.20 in the prior month. Markets were expecting the index to rise to […]

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 headlines surrounding trade. Yet, whilst this could allow for some whipsaws over the coming session/s, we’re keeping a close eye on developing […]

A 6% rally in less than two weeks is clearly a victory for S&P bulls but with key resistance now close overhead, risk reward may now be swinging back towards the bears. It’ still touch and go as to whether we’re seeing a volatile top play out or if this is the beginning of a volatile recovery. But […]

Markets have all but come to a halt ahead of this year’s G20 summit, where eyes firmly fixated on the Trump-Xi meeting, as it could mark the difference between risk-on and risk-off next week. It’s likely that larger market moves could materialise if Trump and Xi fail to reach an agreement on trade. That said, market could […]