EUR/USD: Why the rate differential still sets the ceiling on any euro rally
Every euro rally of the past two years has run into the same wall: the spread between what the market…
Category: Technical Analysis
Support, resistance, momentum and pattern work on the majors and metals.
USD/JPY: the carry trade explained properly, and why it unwinds so violently
The yen carry trade earns slowly and loses quickly. Understanding the asymmetry is the difference between riding the trend and…
Forex News
GBP/USD: sterling trades on two curves, and traders usually watch the wrong one
Sterling behaves like a rates currency on quiet days and a risk currency on loud ones. Knowing which regime you are in determines whether the chart…
Technical Analysis
Support and resistance: what these levels actually are, and why most of them are imaginary
A level is not a magic number. It is a record of where large amounts of business were transacted — and that distinction tells you which…
Technical Analysis
Trading the London and New York overlap: the four hours that make the day
Roughly 12:00 to 16:00 GMT is when depth peaks, spreads tighten and most daily ranges are completed. Here is how to structure a session around it.
Analysis
EUR/GBP: the cleanest way to trade a domestic rates view
Both legs share most of their global risk exposure, so it largely cancels out. What is left is the policy gap between two neighbouring central banks.