|Nov 25 04:08 GMT|
Fundamental Analysis Reports
USD/CAD Loonie Flies Higher After Oil and Gold Rally
Nov 25 01:51 GMT, by
Geopolitical tension triggered a surge in crude prices after Turkey confirmed it had shot down a Russian warplane that it alleged was entering Turkish airspace and refused to communicate. The USD/CAD...
Russian Fighter Jet Shot Down By Turkey, Risk Trade Is No More
Nov 25 01:27 GMT, by
The news of the Russian fighter jet being spectacularly grounded in a ball of flames saw only a mild spike down in the SP500 during early trade, but that was only a short lived move and quickly erase...
U.S. Economy Grows 2.1% in Q3, Better than Originally Thought
Nov 24 14:32 GMT, by
There is little here to change the narrative for the American economy. The upward revision to economic growth is offset by the weaker details, with slightly slower domestic demand growth and more dra...
Turkey's Central Bank To Stay On Hold
Nov 24 11:13 GMT, by
In Turkey the CTRB is expected to stay on hold with the repo rate at 1.50% and overnight lending rate at 10.75. Inflation remains elevated yet the Central Bank is not likely to move until the Fed hik...
Gold Edges Higher, US GDP Ahead
Nov 24 11:03 GMT, by
Gold is steady on Tuesday, as the metal trades at a spot price of $1074.19 in the European session. In the US, all eyes are on Preliminary GDP. As well, the US will release CB Consumer Confidence. On...
Crude Oil Steady At $42 Ahead Of US GDP
Nov 24 11:02 GMT, by
US Crude is showing limited movement on Tuesday, as the pair trades at $42.26 a barrel in the European session. In the US, all eyes are on Preliminary GDP. As well, the US will release another key in...
Technical Analysis Reports
USDCAD - Outlook Lower Towards 1.3446-24 Zone
Nov 25 03:36 GMT, by
USDCAD - The pair declined on Tuesday after triggering a corrective pullback leaving USDCAD outlook lower towards 1.3446/35 zone risk. On the downside, support lies at the 1.3250 level followed by th...
Daily Technical Analysis
Nov 25 02:41 GMT, by
The EURUSD had another indecisive movement yesterday, formed another Doji on daily chart. The bias is neutral in nearest term. There is no bullish Doji formation, but 2 consecutive Dojis after a down...
The Daily Forecaster: USDCHF
Nov 25 01:54 GMT, by
Yesterday losses stalled just below the 1.0147-55 area - at 1.0143. From here the rally should extend back to the 1.0244-54 area for a correction of around 20 points before heading up to the 1.0280- ...
USDJPY - Remains Weak And Vulnerable On Corrective Pullback
Nov 25 01:32 GMT, by
USDJPY - Having taken back all of its intra day gains to close flat on Monday and triggering a corrective weakness on Tuesday, USDJPY remains weak and vulnerable on pullback in the days ahead. On the...
GBP/AUD: Why This Week's Price Action May Set The Tone For The Rest Of The Year
Nov 25 01:31 GMT, by
On a technical basis, GBP/AUD has carved out a potential head-and-shoulders pattern over the last four months. For the uninitiated, this classic price action pattern shows a shift from an uptrend (hi...
Copper Bounces Back … For Now
Nov 25 01:29 GMT, by
The price of copper has bounced back after suffering heavy losses in recent days which saw it drop for a time to its lowest level since May 2009. Not that US data had any material impact previously, ...
Analysis Report Search
Long Term Forecasts
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...
When Will the Bank of England Hike Rates?
Aug 16 08:33 GMT, by
In the first report of a two-part series on the outlook for Bank of England (BoE) monetary policy, ...
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...
|ActionForex.com © 2015 All rights reserved.|