|Jul 31 09:26 GMT|
Fundamental Analysis Reports
Dollar Strength Across The Board After Better GDP
Jul 31 08:53 GMT, by
The euro (EUR) crashed yesterday to the lowest point in the last eight months at 1.3366 as the US GDP data came out better than expected at 4.0%, despite the bad US ADP Non-Farm Employment change. Th...
European Shares Drift Lower, Shell Posts Solid Earning
Jul 31 08:47 GMT, by
European equity markets moved lower in early European trades as investors turned their attention to safe-haven assets as renewed tensions in Ukraine weighed on market sentiment, and after news that A...
NZD/USD Bottoming Out?
Jul 31 08:28 GMT, by
Following more than a half-month long period of depreciation the NZD/USD is finally bottoming out. While U.S. statistics can drag the pair significantly lower, the panic surrounding last RBNZ meeting...
Japan Industrial Output Collapsed In June
Jul 31 08:10 GMT, by
A disaster, this is the only way how a report from the Ministry of Economy, Trade and Industry can be called. The industrial output, which is crucial for the world's third largest economy, posted its...
Eurozone Sending Mixed Signals
Jul 31 08:00 GMT, by
On the back of stronger than expected growth in the world's largest economy, the most traded currency pair dipped below 1.34–mark. While figures can look unrealistic, unconvincing data from Europe al...
Wait, What? 4.0% Growth? Fed Upbeat On Labour Market
Jul 31 07:59 GMT, by
The world's largest economy was expected to bungee jump in the second quarter, recovering from a 2.9% slump in first three months of 2014. The U.S. economy expanded at an annualized rate of 4.0% betw...
Technical Analysis Reports
AUDUSD Elliott Wave: Bearish Impulse Is Underway
Jul 31 09:18 GMT, by
AUDUSD is trading south as expected after only three wave rally from 0.9327 up to 0.9470. We labeled that move as wave (ii)/(b), so in either case we were looking for a drop to a new low of July. 0.9...
Today's Market Outlook
Jul 31 09:05 GMT, by
The Euro remains negative and posted new low at 1.3365 yesterday, level which marks 50% of 1.2754/1.3992 upleg. Subsequent bounce, which so far stays capped at 1.34 barrier, could be seen as consolid...
Technical Analysis for Major Currencies
Jul 31 08:26 GMT, by
Yesterday's downside move pushed the pair to touch 50% correction at 1.3375 which is the significant intraday interval for today, and breaking it is required to extend the downside move.
Technical Analysis for Crosses
Jul 31 08:25 GMT, by
The pair breached the intraday descending channel showing on graph giving the pair a positive push that supports positive trading in the upcoming period targeting 175.30 then 178.00. Therefore, the u...
EUR/USD Is Inclined To Extend Decline
Jul 31 07:39 GMT, by
Despite the strong downward momentum the support at 1.3383/69 managed to withstand the attack of the bears yesterday. And while there is a possibility of a pull-back up to 1.35 (three-month down-tren...
GBP/USD Tries To Find Support At 1.69
Jul 31 07:38 GMT, by
There still seems to be a small chance for the Sterling to avoid further depreciation, as it is currently facing a number of strong supports. Apart from a long-term rising trend-line, there is the 10...
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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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