|Jul 28 22:29 GMT|
Fundamental Analysis Reports
Sanctions Loom on Data-less Monday
Jul 28 16:08 GMT, by
The big news around European circles today was the sheer lack of any news to grapple upon as no important data was released until North America joined the lighted side of the globe. Asian markets sta...
GDP/USD - Little Movement as US Housing Data Dips
Jul 28 16:07 GMT, by
GBP/USD is steady on Monday as the pair trades slightly below the 1.70 line in the North American session. The pound has been struggling, having given up about 150 points in little over a week. In ec...
USD/CAD - Rangebound Trade Continues
Jul 28 14:34 GMT, by
The Canadian dollar finds itself above the 1.08 line, following losses late last week against its US counterpart. In the US, Flash Services PMI was almost unchanged in June. Pending Home Sales shocke...
Major Events To Watch In The Week Ahead
Jul 28 13:08 GMT, by
Despite of last week's mixed economic releases from the US, ranging from easing inflation data, slow moving housing sector data (existing and new home sales data) and durable goods orders beating exp...
AUD/USD - Stable Ahead of US Housing Data
Jul 28 13:06 GMT, by
AUD/USD has posted slight gains on Monday, as the pair trades slightly above the 0.94 line late in the European session. Today's highlight is US Pending Home Sales, with the markets braced for a decl...
USD/JPY - Steady as Markets Eye Japanese Consumer Spending Data
Jul 28 13:05 GMT, by
USD/JPY is calm on Monday, as the pair continues to trade in the high-101 range late in the European session. Today's highlight is US Pending Home Sales, with the markets braced for a decline in the ...
Technical Analysis Reports
GBPUSD Bulls Standing on the Precipice
Jul 28 13:33 GMT, by
It's been an excruciating slow start to the trading week with an absolutely barren economic calendar in both Asia and Europe today. Over the weekend, news hit the wires that the US and Europe are pre...
EUR/USD May Accelerate Losses in this Busy Week
Jul 28 13:11 GMT, by
Like many other FX pairs the EUR/USD has been trading in a very tight range so far today. This is mainly due to the lack of any major European macroeconomic pointers and as investors await direction ...
Forex Technical Analysis
Jul 28 09:53 GMT, by
Last week's uptrend has been corrected with the minor pullback below 101.85 and now the upmove is renewed, for a break through 102.25, en route to 102.80. Key static support lies at 101.60.
Today's Market Outlook
Jul 28 09:27 GMT, by
The Euro remains negative and extends the third wave which commenced from 1.3699, 01 July lower top. The pair so far met its target at 1.3620, Fibonacci 138.2% expansion, above which near-term price ...
USDCHF Elliott Wave Analysis: Ending Diagonal Suggests For Bullish Move
Jul 28 09:24 GMT, by
USDCHF bounced sharply from the lows few months back, and it seems that this bullish legs will now continue as latest retracement from the highs has unfolded in a corrective manner. We would not be s...
IMM Positioning: EUR Shorts At Stretched Levels But Trend Intact
Jul 28 09:16 GMT, by
Speculators increased their short EUR positioning to the highest level since November 2012, in absolute terms. As of Tuesday 22 July, speculators were net short EUR 26.2% of open interest. Short EUR ...
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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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