|Dec 22 10:33 GMT|
Fundamental Analysis Reports
USD On Back-Foot & Saudi Arabia Won’t Cut Oil Output
Dec 22 09:24 GMT, by
Forex price action was subdued in the Asian session as equity markets rallied and USD was broadly sold-off. However, prior to the negative USD sentiment the EURUSD touch a new two-year low at 1.2220 ...
FX Market Analysis
Dec 22 09:23 GMT, by
The Euro initially found support close to the 1.2250 area on Friday and rallied into the New York session. There was a very substantial option expiry at the 1.23 level which tended to support the spo...
FOMC Clarity Ensures USD Demand Remains Intact
Dec 22 08:40 GMT, by
After the Federal Reserve calmed down investor sentiment by reassuring traders it still has every intention to begin raising interest US interest rates next year, it was no real surprise the USD conc...
Asian Market Update: South Korea Cuts Growth And Inflation Forecasts, OPEC Leaders Stand Firm On Output Volume
Dec 22 06:56 GMT, by
South Korea Finance Ministry cut its 2014 GDP forecast to 3.4% from 3.7%, 2015 GDP to 3.8% from 4.0%, and 2015 CPI target from 2.3% to 2.0%. Finance Minister Choi and President Park added South Korea...
EUR/USD: Euro Trading Higher Ahead Of The Euro-Zone's Consumer Confidence Data
Dec 22 06:24 GMT, by
The pair is expected to find support at 1.2209, and a fall through could take it to the next support level of 1.2173. The pair is expected to find its first resistance at 1.2292, and a rise through c...
GBP/USD: Pound Trading Higher In The Asian Session
Dec 22 06:23 GMT, by
The pair is expected to find support at 1.5605, and a fall through could take it to the next support level of 1.5566. The pair is expected to find its first resistance at 1.5683, and a rise through c...
Technical Analysis Reports
Today's Market Outlook
Dec 22 09:31 GMT, by
The Euro remains bearish and commences fresh phase lower, after completion of 1.2244/1.2568 correction, posting new lows at 1.2218. Last Friday’s close in red and below previous low, confirms bearish...
Forex Technical Analysis
Dec 22 09:28 GMT, by
The pair broke the 1.2246 support and is currently trading below this level. Both short and long term chart frames signal a negative mood and probable test of the major 1.2133 support level.
Daily FX Report
Dec 22 06:50 GMT, by
Last Friday the Dow Jones index of shares climbed 0.1 percent and the Standard & Poor's index even rose 0.5 percent. Yesterday Saudi Arabia said that it would not cut output to prop up oil market...
Daily Technical Analysis
Dec 22 05:54 GMT, by
The EURUSD had a bearish momentum last week bottomed at 1.2218. The bias remains bearish in nearest term testing 1.2100 region. Immediate resistance is seen around 1.2250. A clear break above that ar...
Foreign Exchange Market Commentary
Dec 22 04:46 GMT, by
THE EURO closed lower on Friday as it renewed this year's decline. The lowrange close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI ...
Market Morning Briefing
Dec 22 03:42 GMT, by
Euro (1.2245) ends the year 2014 near its lowest point. The Yearly, Quarterly, Monthly and even Weekly candles will all become bearish on the close. Euro has managed to gain some support at 200-month...
Analysis Report Search
Long Term Forecasts
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...
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...
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