• The Pattern Pulse – 27 February 2025

    The Pattern Pulse – 27 February 2025

    • February 27, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: AUD/NZD Whipsaw Brewing? Daily Timeframe: The AUD/NZD cross (Australian dollar versus the New Zealand dollar) recently faded long-term daily resistance from NZ$1.1175 and probed below daily support at NZ$1.1088 (now marked resistance). The area I highlighted in

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  • The Pattern Pulse – 13 February 2025

    The Pattern Pulse – 13 February 2025

    • February 13, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: EUR/USD Ready to Whipsaw Above Resistance? Daily Timeframe: Following a bottom of US$1.0178 (onA 13 January) and a subsequent higher low of US$1.0211, resistance at US$1.0610-US$1.0597 calls for attention. However, given the neighbouring resistance further north at

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  • ECB Delivers Another 25 bp Cut

    ECB Delivers Another 25 bp Cut

    • January 30, 2025

    The ECB (European Central Bank) continued policy normalisation today, with another 25 basis points (bps) worth of cuts across all three benchmark rates. This marks the fourth consecutive rate reduction, bringing the Deposit Facility Rate, the Refinancing Rate, and the Marginal Lending Facility Rate to 2.75%, 2.90%, and 3.15%, respectively. Frankly, I was not expecting

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  • The Pattern Pulse – 30 January 2025

    The Pattern Pulse – 30 January 2025

    • January 30, 2025

    The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Long-Term Hammer Pattern for GBP/USD Monthly Timeframe: Longer-term price action on the GBP/USD (British pound versus the US dollar) erased 6.5% in Q4 24. Following this, price shook hands with support at US$1.2173 earlier in January this

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  • Fed Day – Central Bank Maintains Target Rate at 4.25-4.50%

    Fed Day – Central Bank Maintains Target Rate at 4.25-4.50%

    • January 29, 2025

    The first meeting of the year observed the US Federal Reserve (Fed) put the brakes on policy for the first time since July 2024. In a unanimous vote, the central bank kept the target rate at 4.25-4.50%, which triggered a moderate bid in the US Dollar Index and US Treasury yields, with a dip witnessed

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  • The Pattern Pulse – 23 January 2025

    The Pattern Pulse – 23 January 2025

    • January 23, 2025

    Your weekly outlook of technical patterns. The FP Markets Research Team scans the financial markets for you, highlighting clear and actionable technical structures. Forex: Inverted Head and Shoulders Pattern on NZD/USD Daily Timeframe: Versus the US dollar (USD), the New Zealand dollar (NZD) has been on the ropes since October 2024, with rallies swiftly sold.

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  • The Pattern Pulse – 4 December 2024

    The Pattern Pulse – 4 December 2024

    • December 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: Dollar Index Showing Scope to Explore Higher Terrain Monthly/Daily Timeframes: With room for monthly price to run for resistance at 109.33 and the daily timeframe rebounding from support between

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  • The Pattern Pulse – 14 November 2024

    The Pattern Pulse – 14 November 2024

    • November 14, 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 Approaching Range Resistance Daily Timeframe: The US dollar (USD) remains well bid, with November’s current outperformance positioning the greenback 3.0% higher versus a basket of six international currencies

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  • The Pattern Pulse – 24 October 2024

    The Pattern Pulse – 24 October 2024

    • October 24, 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 Still on the Ropes Monthly/Daily Timeframes: Europe’s shared currency continues to trade on the back foot versus its US counterpart, down more than 3.0% month to date. Interestingly,

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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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