|Oct 13 08:54 GMT|
Fundamental Analysis Reports
EUR/USD – Markets Await German, Eurozone Economic Surveys
Oct 13 08:31 GMT, by
It continues to be a quiet week for EUR/USD, which is trading quietly on Tuesday. Early in the European session, the pair is trading at 1.1370. In the Eurozone, we'll get a look at the German and Eur...
Dollar Struggles As A Uncertainty On Global Growth Persists
Oct 13 08:09 GMT, by
Yesterday, USD trading showed no clear trend as US markets were in low volume modus due to the Columbus day holiday. This morning, the dollar stays in the defensive, as Chinese data fuel investor unc...
China Data Adds To Ongoing Concerns
Oct 13 07:58 GMT, by
The markets are once again waking up to further concerns over the ongoing decline in economic momentum for the Chinese economy following the release of further China economic data overnight. The Chin...
China's Imports And Exports Decline In September Amid Week Global Demand
Oct 13 07:54 GMT, by
China's imports dropped, while exports remained feeble in September due to weak global demand, suggesting the world's second biggest economy continued to falter into the end of the year. While export...
Australia's Business Confidence Rebounds In September
Oct 13 07:47 GMT, by
Australia's business confidence bounced back last month following the Federal Government's leadership change, the NAB's monthly business survey showed. The index of business conditions came in at abo...
UK CPI To Cast Further Doubt On Near Term Hike
Oct 13 06:41 GMT, by
European indices are on course for a slightly weaker open on Tuesday, taking a negative lead from Asia following some more disappointing trade figures from China. The focus will soon shift to the U.K...
Technical Analysis Reports
Gravestone Doji In EUR/USD Chart
Oct 13 08:47 GMT, by
After the yesterday's session we now have an additional bearish signal, which is a gravestone doji. We expect the resistance at 1.14 to withstand the buying pressure and send the price lower. The nea...
GBP/USD Still Glued To 1.53
Oct 13 08:46 GMT, by
The Cable appears to have entered a consolidation period, as it keeps gravitating towards the 200-day SMA. This trend is yet to be confirmed by the Sterling's possible decline towards the monthly PP ...
USD/JPY To Drop Under 120.00
Oct 13 08:44 GMT, by
The weekly PP and 20-day SMA failed to provide sufficient support in order to help the Buck outperform the Yen. As a result, the USD/JPY lost 14 pips and risks falling even deeper down today, as the ...
Gold Hesitates Near August High
Oct 13 08:43 GMT, by
For the time being the precious metal is struggling to recover in the vicinity of the August high. Apart from the solid resistance here, we also have a dense supply area circa 1,180, which is a key t...
Foreign Exchange Market Commentary
Oct 13 07:16 GMT, by
THE EURO posted modest gains on Monday reaching its highest level in three weeks, as currency traders continue to weigh whether the Federal Reserve will wait until 2016 before raising shortterm inter...
EUR/USD Jammed Between Resistance Fibs & Support Lines
Oct 13 06:55 GMT, by
Whether the EUR/USD is indeed in a wave 1-2 (brown) depends if price will make a bearish turn prior to breaking the top (purple line / 100% Fib). A break of the various support levels (green) could i...
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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...
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