|Oct 31 11:14 GMT|
Fundamental Analysis Reports
EUR/USD – Euro Weakens As German Retail Sales Plunge
Oct 31 10:55 GMT, by
EUR/USD continues to lose ground on Friday, as the pair trades in the mid-1.25 range in the European session. On the release front, it’s a busy day in the Eurozone and the US. In the Eurozone, German...
Yen Reached Its 6-Year Low At 111
Oct 31 10:42 GMT, by
The euro (EUR) continues the downside as it reached a monthly low at 1.2546 against the US dollar (USD). The Fed officially ended its quantitative easing (QE) program and Fed officials believe that i...
Equities & USD Rally
Oct 31 10:20 GMT, by
In the Forex market, the only trading strategy that matters is to buy USD. The USD continues to go from strength to strength. Yesterday Q3 GDP came in at a healthy 3.5% verse 3.0% expected. While the...
European Market Update: Monetary Policy Divergence Intensifies As BOJ Eases Further
Oct 31 09:57 GMT, by
The USD strength exerted itself into the other major pairs. EUR/USD hovered around the 1.2550 area ahead of key EU employment and inflation data due out later in the session. The recent data out of E...
BoJ Surprise QQE Increase - USDJPY Rallies To New Highs
Oct 31 08:56 GMT, by
Forex markets were handed a surprise decision by the Bank of Japan which sent JPY significantly lower across the board. The BoJ announced an increase in the speed of expansion in its monetary base by...
Gold Set For Further Falls
Oct 31 08:16 GMT, by
The case for gold seems to have dried up significantly in the past 48 hours with all the economic news and data that has come out. Hyperinflation: not likely in the current US economy by the looks of...
Technical Analysis Reports
The Daily Wave Analysis
Oct 31 10:39 GMT, by
The confirmation of the EURUSD starting its 5th wave (orange) is when price breaks below the bottom (green line).One of the most likely alternative wave counts (usually there are multiple options) co...
Forex Technical Analysis
Oct 31 10:33 GMT, by
The pattern above 1.2540 is corrective in nature, thus preceding a break through 1.2500 low, en route to 1.2380. Initial intraday resistance lies at 1.2600, followed by the 1.2632 high.
Today's Market Outlook
Oct 31 09:54 GMT, by
The Euro remains under pressure, with fresh weakness off 1.2630, yesterday’s recovery peak, hitting fresh 3 ½ week low, on a probe below yesterday’s 1.2545 low. Yesterday’s close below 1.2660, Nov 20...
Technical Analysis for Major Currencies
Oct 31 09:40 GMT, by
The pair dropped again after touching around the resistance 1.2625 and is trading again below 1.2580. Trading below the referred to level 1.2580 extends the downside move today, while breaking 1.2485...
Technical Analysis for Crosses
Oct 31 09:40 GMT, by
The pair rallied to the upside after confirming the Inverted Head and Shoulders Pattern showing above, and is attempting to breach the second target at 176.35 easing the way to extend the bullish bia...
Elliott Wave Morning Review For GOLD & USDJPY
Oct 31 09:29 GMT, by
USDJPY move to a new high of the year, now moving within wave (iii) that can reach levels around 112 where we see 261.8% Fibonacci extension target. Any downward pullbacks in the middle of this bulli...
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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