|Nov 26 13:42 GMT|
Fundamental Analysis Reports
Oil Markets Pressured ahead of OPEC
Nov 26 12:59 GMT, by
Both Brent and Crude Oil have continued to feel pressure ahead of Thursday's highly anticipated OPEC decision, with Brent dropping to $77.97 and Crude to $73.63 on Wednesday. Although there was previ...
Gold Steady Ahead of Major US Releases
Nov 26 12:46 GMT, by
Gold is stable on Wednesday, as the spot price stands at $1196 per ounce. On the release front, In the US, there are a host of key events ahead of the Thanksgiving holiday on Thursday. These include ...
EUR/USD – Flat Ahead Of Busy Data Day In US
Nov 26 11:12 GMT, by
EUR/USD is showing little movement on Wednesday, as the pair trades in the mid-1.24 range in the European session. On the release front, German Import Prices declined 0.3%. In the US, there are a hos...
Aussie Slumped To A 4-Year Low
Nov 26 10:52 GMT, by
The euro (EUR) rose for second consecutive day at 1.2486 against the US dollar (USD) yesterday. The single currency rebounded from almost two years’ low after the ECB Press Conference on Friday annou...
AUD At 85 Cents Per Dollar, BRL Prepares To Rally
Nov 26 10:51 GMT, by
The AUD/USD broke below 85 cents today, months after RBA Governor Stevens pointed this level as healthy for Australian recovery. Aussie weakened below 200-dma against EUR and NZD. The NZ trade terms ...
European Market Update: OPEC Members Stressing Unity And Cooperation Ahead Of Thursday Bi-Annual Meeting
Nov 26 10:36 GMT, by
USD/JPY stayed below the 118 handle in the session. Former Japan MoF Official Sakakibara (Mr. Yen) believed that the current yen weakness phase was nearing an end and would unlikely to match its low ...
Technical Analysis Reports
Today's Market Outlook
Nov 26 09:48 GMT, by
The Euro bounced from 1.24 zone, where higher low was left, clearing 1.2450, Fibonacci 38.2% of 1.2597/1.2360 / broken bull-trendline resistance, to crack 1.2478/85, daily Tenkan-sen / daily 10/20SMA...
USDCAD Elliott Wave Analysis: Corrective Retracement
Nov 26 09:31 GMT, by
USDCAD is moving down in November, but still with a corrective structure. Updated count shows a double zigzag in progress with another leg down in view towards 1.1120-1.1160 area where pair can be lo...
Technical Analysis for Major Currencies
Nov 26 09:24 GMT, by
The pair moved to the upside and is trading around 1.2470, as breaching 1.2500 and stabilizing above it halts the negative expectations that indicated the possibility of moving to the downside. A bre...
Technical Analysis for Crosses
Nov 26 09:23 GMT, by
The pair is showing further sideways trading that are still stable above 184.60 keeping the upside move valid till now, and we could witness further sideways volatility to give the pair further posit...
EUR/USD Breaches Weekly PP
Nov 26 08:49 GMT, by
The EUR/USD's short-term upward trend, which started two days ago, continued on Tuesday, as the shared currency gained more value and crossed the weekly pivot point at 1.2444. Moreover, the pair deci...
GBP/USD Jumps Above 1.57
Nov 26 08:48 GMT, by
It seems that for the time being a resistance at 1.5724, represented by the weekly R1 is too strong for GBP/USD's bulls to cross it. Yesterday, the pair managed to climb above the major level at 1.57...
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...
|ActionForex.com © 2014 All rights reserved.|