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    30+ Banks

    Which Banks We Analyze & Why It Matters

    Every day, we read and decode research from the world's largest investment banks. This is the same research that hedge funds, sovereign wealth funds, and institutional traders use to move billions in capital. Bank research is Step 2 of our 5-step confluence method.

    We Analyze Research From
    JP Morgan research
    Goldman Sachs research
    Morgan Stanley research
    Bank of America research
    Citigroup research
    Deutsche Bank research
    UBS research
    BNP Paribas research
    ING research
    Credit Agricole research
    JP Morgan research
    Goldman Sachs research
    Morgan Stanley research
    Bank of America research
    Citigroup research
    Deutsche Bank research
    UBS research
    BNP Paribas research
    ING research
    Credit Agricole research
    Daily research from 30+ major investment banks—the same insights hedge funds use

    Why Investment Bank Research Beats Retail Analysis

    Retail Analysis

    • ✕ Based on chart patterns and indicators
    • ✕ No access to institutional flow data
    • ✕ Reactive to price movements
    • ✕ Limited macro understanding

    Bank Research

    • PhD economists and macro analysts
    • Real-time institutional flow data
    • Forward-looking policy analysis
    • Multi-asset macro frameworks

    Understanding why retail traders lose is the first step to trading differently.

    How We Process 30+ Bank Notes Daily

    Our daily research workflow transforms hundreds of pages of institutional research into actionable insights before London market open.

    Step 1

    Scan

    Review 15-30+ research notes from all banks by 7am London time. Flag directional views, trade ideas, and policy analysis.

    Step 2

    Filter

    Separate actionable insights from noise. Only notes with clear directional views on G10 currencies qualify for synthesis.

    Step 3

    Synthesise

    Map bank views to our macro thesis. Where do 3+ banks agree? Where is consensus forming? This is the institutional signal.

    Step 4

    Cross-Reference

    Validate bank consensus against COT positioning data and retail sentiment. Only when all layers align do we act.

    This workflow is Step 2 of our 5-step confluence method. Bank views are then confirmed by COT positioning data.

    What a Bank Research Note Looks Like

    JP Morgan — FX Strategy

    G10 FX Weekly | Confidential — Institutional Clients Only

    Trade Idea

    Short EUR/USD — Target 1.0600, Stop 1.1050

    ECB policy divergence widens as Fed maintains restrictive stance. Flow data confirms institutional EUR selling.

    Macro View

    European growth downgrades accelerating. German PMI below 44 signals manufacturing contraction deepening. ECB likely to cut 50bp by Q2 2025.

    Target Levels

    Key support: 1.0750, 1.0600. Resistance: 1.0950, 1.1050. Fair value model suggests 1.0550 by Q2.

    This is a simplified example. Actual bank research notes contain 5-15 pages of detailed analysis. We extract the actionable insights daily. Compare this to what you'd find in a typical forex signal — the depth of analysis is incomparable.

    Bloomberg vs Our Service: Cost Comparison

    Institutional research access normally costs thousands per year. We make it accessible to retail traders.

    Service Annual Cost Access Notes
    Bloomberg Terminal $24,000/year Direct access to all research Full institutional platform
    Reuters Eikon $15,000/year Most bank research available Requires training to navigate
    Direct Bank Access $5,000+/year Single bank only Need multiple subscriptions
    PropFirmScan Research Free 30+ banks decoded daily 100% free access

    We provide this for free — Bloomberg charges $24,000/year for similar access. Use our trading calculators to see how much better your risk/reward becomes with institutional-grade analysis.

    All 34 Banks We Analyze

    Tier 1 — Global Bulge Bracket

    JP Morgan

    FX Strategy, Trade Ideas, Macro Outlook

    Goldman Sachs

    FX Strategy, G10 & EM Analysis

    Morgan Stanley

    Global Macro, FX Strategy

    Bank of America Securities

    FX Strategy, Rate Analysis

    Barclays

    FX Strategy, G10 Analysis

    Deutsche Bank

    FX Strategy, Global Macro

    UBS

    FX Strategy, Wealth Management

    Citi (CitiFX)

    FX Strategy, Flow Analysis

    BNP Paribas

    FX Strategy, Structuring

    BlackRock

    Global Macro Outlook

    Tier 2 — Major Regional Banks

    Crédit Agricole

    FX Strategy, European Focus

    ING

    FX & Rates Strategy

    MUFG

    FX Strategy, Asia Focus

    Société Générale

    FX & Rates Strategy

    Standard Chartered

    EM FX, Asia Analysis

    RBC Capital Markets

    FX Strategy, Canada Focus

    Scotiabank

    FX Strategy, CAD Focus

    NatWest

    FX Strategy, GBP Focus

    ANZ

    FX Strategy, AUD/NZD Focus

    Westpac

    FX Strategy, Pacific Focus

    Mizuho Bank

    FX Strategy, JPY Focus

    Danske Bank

    Scandi FX Strategy

    SEB

    Scandi FX, Rates

    Wells Fargo

    FX Strategy

    UniCredit

    FX, EUR Focus

    BNY Mellon

    FX Flow Analysis

    Amundi

    Asset Allocation, Macro

    Tier 3 — Specialist & Independent

    Berenberg

    Macro Analysis

    Jefferies

    FX & Macro

    Lloyds Bank

    FX Strategy, GBP

    CIBC Capital Markets

    FX Strategy, CAD

    Natixis

    FX & Rates

    TS Lombard

    Independent Macro

    Academy Securities

    Geopolitical Macro

    Key Takeaways

    • Investment bank research is the same analysis that moves billions in institutional capital. It's the 'smart money' edge.
    • No single bank is consistently right. The edge comes from identifying where 3+ banks form consensus on a directional view.
    • Bank research is Step 2 of our 5-step confluence method — it must confirm the macro thesis from Step 1 before we proceed.
    • Direct access to bank research costs $15,000-$24,000/year via Bloomberg or Reuters. We decode it for free.
    • We don't just copy bank views — we synthesise, cross-reference with COT data, and confirm with retail sentiment before acting.

    Frequently Asked Questions

    Investment bank research is typically distributed to institutional clients via Bloomberg, Reuters, and direct bank portals. We have established access to these research channels and read, digest, and decode the key insights daily for our members.

    Yes. Major hedge funds, asset managers, and sovereign wealth funds base their FX trading decisions on the same institutional research we analyse. The difference is they pay thousands per month for direct access—we decode it for free.

    On average, we review 15-30+ research notes per day across all 30+ banks. Not every note is actionable—we filter for directional views, trade ideas, and policy analysis that aligns with our 5-step confluence method.

    No. Banks often disagree with each other. Our value is in synthesising multiple views, identifying where institutional consensus forms, and cross-referencing with COT data and retail sentiment for confirmation. We use bank research as one input in our 5-step process.

    A Bloomberg Terminal subscription costs approximately $24,000 per year (around $2,000/month). Reuters Eikon is slightly cheaper at around $15,000/year. Direct bank research subscriptions start at $5,000+ per year per bank. Our service gives you the key forex-relevant insights from 30+ banks completely free.

    Direct access is extremely difficult and expensive for retail traders. Most bank research is distributed to institutional clients only. Some research notes leak onto social media, but they're delayed and incomplete. Our service bridges this gap by providing daily synthesis of all major bank views.

    No single bank is consistently 'most accurate.' That's precisely why we read 30+ banks—accuracy comes from consensus. When JP Morgan, Goldman Sachs, and Deutsche Bank all agree on a directional view, the probability of that move increases significantly. Individual bank accuracy varies by pair and timeframe.

    Our daily analysis is published before London market open. Members receive the synthesis via Discord, including which banks are saying what, where consensus is forming, and how it aligns with our macro thesis from Step 1 of the confluence method.

    Get Daily Bank Research Decoded

    Stop guessing. Start trading with the same research that moves institutional capital. Free access.

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    Key Takeaways

    • →We analyze 30+ investment banks daily — the same research hedge funds use to move billions.
    • →Bank consensus (3+ banks agreeing) creates the strongest directional signals.
    • →Bank research is Step 2 of our 5-step method — it validates the macro thesis from Step 1.
    • →A Bloomberg Terminal costs $24,000/year. Our service decodes the same insights for free.