|Jul 25 13:40 GMT|
Fundamental Analysis Reports
EUR's Timeline for Demise Lengthened
Jul 25 11:26 GMT, by
The mighty dollar aims to exit this highly charged geopolitical week on the front foot, and this despite the 'many' in forex who remain sitting on the sidelines ahead of a slew of data next week. Inv...
UK Economic Rebound Fails To Excite The Markets
Jul 25 11:04 GMT, by
This morning we had confirmation of another solid quarter of growth for the UK. Q2 GDP rose by 0.8%, the same pace at Q1. This is encouraging as there were plenty of headwinds to knock the economy of...
European Market Update: UK Economy Back Above Its Pre-Crisis Peak
Jul 25 10:09 GMT, by
The EUR/USD re-approached 8-month lows after a weaker than expected German IFO survey but continued to hold above its 200-week moving average of 1.3426 The GBP maintained a soft tone and tried to avo...
EUR/USD – Listless As German Confidence Data Mixed
Jul 25 09:51 GMT, by
EUR/USD is almost unchanged on Friday, as the pair's lack of movement continues. In the European session, the pair is trading in the mid-1.34 range. In economic news, German Ifo Business Climate, sli...
Gold Steadies After Losses, Remains Under $1300
Jul 25 09:49 GMT, by
Gold remains under the key level of $1300, as the spot price stands at $1293.13 per ounce late the European session. The metal has now slipped about 2% in the past week. On the release front, it's a ...
USD Strengthens As EUR, GBP, Gold Lose Field
Jul 25 09:46 GMT, by
As markets adjust risk appetite to ongoing geopolitical tensions, the economic data come in focus. USD is broadly better bid against its G10 and EM peers before June durable goods data (due at 12:30 ...
Technical Analysis Reports
USDJPY - Corrective Recovery Intact
Jul 25 10:52 GMT, by
USDJPY - With continued upside offensive occurring on Thursday, further bullishness is expected. Resistance resides at the 102.79 level where a break will target the 102.79 level. Further out, resist...
Forex Technical Analysis
Jul 25 10:07 GMT, by
The consolidation pattern below 1.3502 resistance is complete and my outlook here is bearish, for a break through 1.3437 low, towards 1.3380, en route to 1.3285.
Technical Analysis for Major Currencies
Jul 25 08:58 GMT, by
The pair fluctuated heavily and tended slightly to the upside, but this upside move remained limited below the resistance (previously broken support) 1.3525. Trading below 1.3525 represented in 38.2%...
Technical Analysis for Crosses
Jul 25 08:57 GMT, by
The sideways range still dominates the pair that is still stuck between the confirmation levels represented in the support 172.50 and resistance 174.25, whereas the pair needs a strong motive to dete...
Today's Market Outlook
Jul 25 08:46 GMT, by
Euro’s near-term price action has established below 1.35 level, after sustained break lower. Spike to 1.3436, day’s low, where the price met initial target at Fibonacci 161.8% expansion and daily clo...
USD/CHF To Preserve Momentum
Jul 25 07:40 GMT, by
USD/CHF seems to be already taking a break in view of the coming weekend, as it is making no progress after setting foot above the resistance at 0.90. This fact should result in the currency pair ris...
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Long Term Forecasts
Growth in China Appears to Be Stabilizing
Jul 19 08:05 GMT, by
The year-over-year rate of real GDP growth in China edged up to 7.5 percent in Q2 from 7.4 percent ...
FX Forecast Update: Negative Rates and Liquidity Tools to Weaken the Euro
Jun 14 03:24 GMT, by
The ECB delivered more easing than expected at its rate meeting in June by cutting both the refi an...
AUD/USD - 2013 In Review
Jan 02 02:25 GMT, by
The Australian dollar is known for its strong volatility, and taking traders on roller coaster ride...
USD/CAD - 2013 In Review
Jan 02 02:23 GMT, by
The Canadian dollar looked sharp as we began 2013, but struggled badly late in the year, as the cur...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
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