|Aug 01 07:48 GMT|
Fundamental Analysis Reports
Daily FX Analysis
Aug 01 07:42 GMT, by
The latest Euro-zone flash consumer inflation reading was weaker than expected with a decline to fresh four-year lows of 0.4%, maintaining pressure on the ECB. The inflation data also tended to put f...
Dollar In Wait-And-See Mode Ahead Of The Payrolls
Aug 01 07:32 GMT, by
Yesterday, the dollar held near the highs against the yen and the euro. However, a real test didn't occur. Today's payrolls, and in particular the statistics on wages, will decide whether the dollar ...
More Disappointing News From Australia
Aug 01 07:08 GMT, by
Next week the RBA will have its word and even though the central bank will stay pat on the monetary policy, Glenn Stevens can radically change a tone of his speech from neutral to dovish. The central...
Another Test For Draghi's Patience
Aug 01 07:07 GMT, by
On Wednesday statistical offices from Germany and Spain unveiled their inflation data that were not very promising. Stimulus that was announced in June by the ECB was expected to boost growth and inf...
U.S. Jobless Claims Rise, But Strengthening Still In Place
Aug 01 07:06 GMT, by
Despite the fact that the number of Americans seeking unemployment aid increased last week after plummeting to the lowest level in 14 years earlier in the month, the underlying trend still points to ...
House Prices In U.K. Growing At Slower Pace
Aug 01 07:05 GMT, by
This year there is no as much pressure on the Bank of England concerning the housing market as it was in 2013. A set of measures aimed at cooling demand and prices in the housing market is finally wo...
Technical Analysis Reports
EUR/USD Eyes 1.33
Aug 01 07:00 GMT, by
EUR/USD continues to grind lower, and it does not seem we are going to observe a pronounced bullish correction before the pair reaches the 2013 Q4 low at 1.33. Then there will be a high chance of a p...
GBP/USD Fell Through 100-Day SMA
Aug 01 06:58 GMT, by
There is now little hope for the bulls, being that GBP/USD has broken most of its main supports. The monthly technical indicators may still remain positive, but, given the absence of any significant ...
USD/JPY - The Sky Is The Limit
Aug 01 06:57 GMT, by
It look a little longer than initially expected, but the upward momentum is finally gaining traction. This is evidenced by a majority of the technical indicators on all time-frames giving ‘buy' signa...
USD/CHF Decelerates Ahead Of Weekly R2
Aug 01 06:55 GMT, by
USD/CHF took a break ahead of the weekly R2 and Bollinger band, but there should be no difficulties for the pair to reach the 2014 peak at 0.9156, as suggested by the daily and weekly studies. If we ...
The Daily Wave Analysis
Aug 01 05:27 GMT, by
If further downside occurs then the wave 5 (dark red) would become extended. Breakouts (red arrows) could occur below support (purple trend line) down towards the Fibonacci targets
Foreign Exchange Market Commentary
Aug 01 03:59 GMT, by
THE EURO closed lower on Thursday. The midrange close sets the stage for a steady opening when Friday's night session begins trading. Stochastics and the RSI remain neutral to bearish signalling that...
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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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