|May 28 09:50 GMT|
Fundamental Analysis Reports
European Market Update: Shanghai Composite Slumps Over 6% Over Concerns That PBoC Might Have Ended Easing, UK Q1 GDP Unrevised But Below Expectations
May 28 09:38 GMT, by
Monetary Policy Divergence helped to push the USD/JPY to its highest level since 2002 at 124.29. Continued to see some mild verbal intervention by Japanese officials ahead of G7 meeting in Germany. T...
Oil Wedges Before Breakout
May 28 07:53 GMT, by
The fundamentals on crude are still rather bearish and should make $100 a barrel nothing but a pipe dream (if you’ll excuse the pun). But there is a potential for an upside trade on crude oil in the ...
Why A Worldwide Iron Ore Cartel Is Unlikely
May 28 07:52 GMT, by
The price of iron ore has continued to be driven lower, mainly through the low cost expansion projects within Australia and Brazil. Prices for the commodity have continued falling from last July’s, h...
Bearish Momentum In The Pound/Dollar Continues
May 28 07:37 GMT, by
The recent close below 1.55 was a critical blow for the Pound/Dollar bulls, and the bears have continued to exploit each opportunity to increase selling pressure with the pair still looking technical...
Chinese Shares Tumble, Greek Hopes
May 28 07:34 GMT, by
Chinese equities tumble after margin lending tighten at brokerages. The Shanghai Composite retreated -3.78% while Hong Kong’s Hang Seng lost -2.10%. In Shanghai, the main gauge is up more than 50% si...
EUR/USD Decline Halted After 'Positive' Rumours On Greece
May 28 07:30 GMT, by
Yesterday, USD strength initially prevailed with the dollar gaining ground against the euro and the yen. However, positive headlines from Greek officials changed fortunes for the euro, even as not al...
Technical Analysis Reports
Forex Technical Analysis
May 28 09:21 GMT, by
EUR/USD A minor reversal has been confirmed at 1.0816 low and the intraday outlook is positive, for a break through 1.0960, en route to 1.1050 major hurdle.
EUR/USD Settles Above Weekly S1
May 28 08:27 GMT, by
Yesterday, the common currency stopped losing value and settled just above the weekly S1 at 1.0856. This level continues to support EUR/USD on Thursday as well. However, this development seems to be ...
GBP/USD Stuck Between 1.52 And 1.54
May 28 08:21 GMT, by
The Cable keeps falling for the second week in a row, as the Sterling declined again versus the Greenback yesterday. The pair attempted to edge higher, but the 200-day SMA pushed it all the way down ...
USD/JPY Reaches 13-Year High
May 28 08:14 GMT, by
The Greenback keeps appreciating against the Yen for the second week in a row. The nearest resistance cluster was easily breached, but the USD/JPY currency pair struggled to stay above the 124 area. ...
XAU/USD Unchanged At Two-Week Lows
May 28 08:13 GMT, by
It seems that market decided to limit the bullion's movements on Wednesday, following a sharp decline a day before. The XAU/USD cross made no single attempt to plummet below the weekly S2 at 1,182 or...
USDCHF Could Move Higher After Finding Support Near 0.9400
May 28 07:39 GMT, by
USDCHF broke higher, above the former swing high so we adjusted the wave count as current rally can be wave wave three of three headed towards 0.9600 but ideally up to 0.9800. If we are correct then ...
Analysis Report Search
Long Term Forecasts
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...
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...
|ActionForex.com © 2015 All rights reserved.|