• Week Ahead: What Are the Financial Markets Watching This Week

    Week Ahead: What Are the Financial Markets Watching This Week

    • October 13, 2024

    The Week That Was: RBNZ Slashed Rates by 50bps The week kicked off with the Reserve Bank of New Zealand (RBNZ) reducing its Official Cash Rate (OCR) by 50 basis points (bps) to 4.75%, a move that was widely expected and marked the central bank’s second consecutive rate cut this year. The RBNZ signalled that

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  • The Pattern Pulse – 15 August 2024

    The Pattern Pulse – 15 August 2024

    • August 15, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: AUD/USD Breakout Higher? Overnight, the AUD/USD (Australian dollar versus the US dollar) rallied higher and has seen the pairing maintain its position at the underside of a monthly symmetrical

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  • The Pattern Pulse – 8 August 2024

    The Pattern Pulse – 8 August 2024

    • August 8, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: USD/JPY – a Reversal or Pullback? Daily Timeframe – Ending July down nearly -7.0% and August down -2.8% month to date, the USD/JPY (US dollar versus the Japanese yen)

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  • The Pattern Pulse – 25 July 2024

    The Pattern Pulse – 25 July 2024

    • July 25, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures Forex: USD/JPY in Freefall Daily Timeframe – Following the break of support at ¥157.81, the 50-day Simple Moving Average (SMA) at ¥157.91 and trendline support, taken from the low of

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  • The Pattern Pulse – 18 July 2024

    The Pattern Pulse – 18 July 2024

    • July 18, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Descending Triangle for the Dollar Index? Following yesterday’s one-sided move lower in the US dollar (USD), which breached daily support at 104.09 (now a marked resistance level), the H1

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  • The Pattern Pulse – 11 July 2024

    The Pattern Pulse – 11 July 2024

    • July 11, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Dollar Weakness Ahead? Daily Timeframe – With the US Federal Reserve edging closer to reducing the target for the Fed funds rate, the US dollar (USD), according to the

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  • The Pattern Pulse – 4 July 2024

    The Pattern Pulse – 4 July 2024

    • July 4, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Onwards and Upwards for AUD/USD The AUD/USD currency pair is interesting at the moment. From the monthly chart, a recent upside move in the currency pair has seen price

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  • The Pattern Pulse – 20 June 2024

    The Pattern Pulse – 20 June 2024

    • June 20, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/GBP Struggling to Find Grip at Support Daily Timeframe – The EUR/GBP cross recently shook hands with support made up of Fibonacci ratios between £0.8408 and £0.8434 (consisting of

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  • The Pattern Pulse – 13 June 2024

    The Pattern Pulse – 13 June 2024

    • June 13, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/USD Eyeing Possible Whipsaw Following yesterday’s FOMC-induced advance from daily support between $1.0726 and $1.0739, chart studies on the daily timeframe demonstrate the scope to navigate higher terrain until

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  • The Pattern Pulse – 6 June 2024

    The Pattern Pulse – 6 June 2024

    • June 6, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Completed Bearish Pennant Pattern on the US Dollar Index Daily Timeframe – The US Dollar Index recently completed a bearish pennant formation, a pattern derived from 104.08 and 105.11.

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  • The Pattern Pulse – 30 May 2024

    The Pattern Pulse – 30 May 2024

    • May 30, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: AUD/USD Bears In Control While the AUD/USD shows signs of trending higher on the daily chart – a series of higher highs and higher lows have been seen since

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  • The Pattern Pulse – 23 May 2024

    The Pattern Pulse – 23 May 2024

    • May 23, 2024

    Your weekly outlook of technical patterns and structure. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/USD Shaking Hands with Possible Trendline Support Daily Timeframe – Since pencilling in a bottom at $1.0601 in April of this year, Europe’s single currency has rallied against the

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