|May 04 15:32 GMT|
Fundamental Analysis Reports
US Trade Deficit Narrowed as Expected in March
May 04 14:31 GMT, by
US dollar appreciation and strength in domestic demand relative to subdued growth abroad were responsible for earlier widening in the real trade deficit. While those trends were less prominent in the...
Canada's March Merchandise Trade Deficit Jumps Higher
May 04 14:30 GMT, by
The drop in export volumes was disappointing because it added further to the sizeable February drop, although this followed outsized gains during the previous two months. This earlier strength still ...
FX5: Dollars Demise Dismissed For Now
May 04 12:54 GMT, by
Trading yesterday was not for the faint of heart. Global markets were shaken by continued weak growth readings in China and Europe coupled with the Reserve Bank of Australia (RBA) surprise decision t...
NZD/USD – NZ Dollar Slide Continues As Dairy Auction, Jobless Rate Disappoint
May 04 11:20 GMT, by
NZD/USD has posted losses on Wednesday, continuing the downward trend which marked the Tuesday session. The pair is trading slightly below the 0.69 line in the European session. In New Zealand, the D...
Negative Pressure Continues To Push Gold Away From $1300
May 04 10:51 GMT, by
Gold resumed its ease from the psychological level of $1300, extending its drop for a third straight session on Wednesday, as the U.S. dollar rebounded from its lowest level since January 2015. The p...
Asian Shares Fall On Global Growth Worries
May 04 09:34 GMT, by
Most Asian stocks retreated on Wednesday, withmarkets in Australia, Hong Kong, Singapore and Taiwan bearing the brunt of the selling, after U.S. stocks fell sharply to hit a three-week low overnight ...
Technical Analysis Reports
GBPUSD - Extends Weakness On Corrective Pullback
May 04 11:19 GMT, by
GBPUSD - Having GBPUSD following through higher on the back of its Tuesday losses during Wednesday trading session today, further weakness is likely. On the downside, support lies at the 1.4400 level...
AUDUSD Momentum Candle Suggests More Bears To Come
May 04 10:50 GMT, by
Surprising RBA decision to cut rates on Tuesday made the market tumble. It is clear that RBA is not happy with the current AUD rate so it wants its currency to be weaker. Investors should probably lo...
GBPUSD In A Reversal Towards More Weakness
May 04 09:53 GMT, by
GBPUSD made a nice reversal around 1.4768 level in the last sub-wave 5 of C), in which an ending diagonal was recognized. This is a powerful structure that primarily occurs in the wave 5 position whe...
Forex Technical Analysis
May 04 09:51 GMT, by
EUR/USD A reversal has been confirmed at 1.1615 and the intraday bias is negative, with a risk of a further slide towards 1.1410. Key intraday resistance lies at 1.1540.
EUR/USD Plunges After Testing 1.16
May 04 09:11 GMT, by
First part of Tuesday was distinctly bullish for the Euro, as this currency skyrocketed to another multi-month high above the 1.16 mark. However, as soon as it neared the weekly and monthly R2 resist...
GBP/USD Attempts To Retake 1.46
May 04 09:09 GMT, by
The British Pound retreated from its intraday gain on Tuesday, weakened by the UK Manufacturing PMI, with price ultimately closing with a 138-pip loss. Even though technical indicators retain bullish...
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Long Term Forecasts
WTI Crude Oil A Year Ahead - Trends And Expectations 2016
Dec 24 11:45 GMT, by
The second half of 2014 saw a sharp drop in the price of WTI Crude Oil, which had traded at $105 a ...
DAX Year Ahead – Trends And Expectations 2016
Dec 24 11:11 GMT, by
It has been another testing year for the German economy but once again it has shown the kind of str...
British Pound Year Ahead - Brexit To Dominate 2016
Dec 22 12:49 GMT, by
This has been something of a turnaround year for the UK in which unemployment has fallen back to pr...
Gold for Bear Market?
Oct 13 13:23 GMT, by
A "bear market" is frequently defined as a decline of at least 20% in the S&P 500 index. Troubl...
Euro Area Outlook for 2015: Impact of Broad-Based QE
Jan 17 03:46 GMT, by
The expected ECB QE programme will support economic activity through a number of channels and hence...
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