|Sep 03 02:23 GMT|
Fundamental Analysis Reports
Shanghai Composite Index Declines Once Again
Sep 02 12:24 GMT, by
The Shanghai Composite Index has declined for the third day in a row with sentiment remaining bearish for the Chinese economy and this is likely inspiring further declines in other Asian equities tod...
Morning Brief: September 2
Sep 02 12:08 GMT, by
Asia and Euro equities, along with U.S futures remain under pressure, but have reversed some of their initial deeper declines. No significant fundamental catalysts are being attributed to the bounce,...
Aussie Dollar Drops To 6-1/2-Year Low On Downbeat GDP Data
Sep 02 10:58 GMT, by
The Aussie dollar slipped to its lowest level in six and a half years versus the U.S. dollar on Wednesday as downbeat GDP data from Australia triggered further selloff. The Australian economy eased i...
UK PMI Rises Slightly In August
Sep 02 09:51 GMT, by
The construction sector in the United Kingdom showed a slight advance in August, buoyed by improvement house building. The Purchasing Managers' Index (PMI) recorded 57.3 from 57.1 in July, lower than...
BCB In Spotlight, Weak PMIs From UK
Sep 02 09:34 GMT, by
Later this evening the BCB will release it interest rate decision. According to the latest survey, market participants expect the Selic rate to remain unchanged at 14.25% as inflation expectations st...
European Market Update: Spain Unemployment Rises For 1st Time In 7 Months
Sep 02 09:29 GMT, by
Quiet European session with little in terms of key data releases. Markets awaiting key events later in the week (ECB and US payroll data). The upcoming G-20 meeting in Turkey could be used as a vehic...
Technical Analysis Reports
Daily Technical Analysis
Sep 03 02:14 GMT, by
The EURUSD failed to continue its bullish momentum yesterday and hit 1.1205 earlier today. The bias is bearish in nearest term testing 1.1135 region as a part of the false breakout (above the daily E...
The Daily Forecaster: EURUSD
Sep 03 01:59 GMT, by
Not quite the levels I had expected but an initial decline to 1.1241 followed by a correction into the expected 1.1270 - 1.1331 area. This top at 1.1294 has sent price lower again and appears to be h...
GOLD - Halts Recovery, Vulnerable Below 1,147/50 Zone
Sep 03 01:54 GMT, by
GOLD - GOLD looks to has capped its recovery strength at 1,147.87 level following the formation of a rejection candle on Tuesday. This price action suggests bear pressure could be developing. On the ...
Will EUR/GBP Bulls Be Singing 'The (.7390) Ceiling Can't Hold Us'?
Sep 03 01:51 GMT, by
Turning our attention to the chart, we can see that EUR/GBP is testing a critical resistance barrier at .7390. The unit has been rejected from this ceiling on at least five occasions over the last si...
Crude Resume Decline As Inventories Rise: Bad News For CAD
Sep 03 01:47 GMT, by
Crude traders have been given a rollercoaster ride. After surging some 25% in the space of just three days, prices collapsed by a huge 8 per cent yesterday. This morning saw both Brent and WTI contra...
GBP/JPY: Double Top May Spell Double Trouble
Sep 02 13:14 GMT, by
As the sun rises a hump day in the US, traders are ramping up for a busy final 48 hours of economic data. Earlier this morning, payroll provider ADP released its estimate of the August non-farm emplo...
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.|