|Jul 31 07:23 GMT|
Fundamental Analysis Reports
Dollar Propelled By Strong US Q2 GDP
Jul 31 07:12 GMT, by
EUR/USD dropped below the 1.34 mark and USD/JPY is tested the 103 resistance as a strong US Q2 GDP gave the dollar additional interest rate support. The Fed acknowledged that the US economy is making...
EURGBP Set To Move
Jul 31 07:07 GMT, by
The EURGBP pair is following a fairly clear bearish channel as the Euro depreciates and the Pound looks ever more attractive. The European Central Bank (ECB) is releasing stimulus to combat deflation...
The Great Oil Pattern
Jul 31 07:04 GMT, by
Oil movements were heavy during 2008 and there was massive volatility as people looked to commodities as tangible assets that had value in the face of everything falling apart. I don’t blame them, bu...
Eurozone Unemployment To Hold At 11.6%, CPI Data Eyed Amid Deflation Fears
Jul 31 06:52 GMT, by
Thursday's European Macroeconomic agenda will provide investors with latest updates on the Eurozone`s flash consumer prices for July along with June's unemployment rate report. Data due later in the ...
EUR/USD: Fed Presents An Upbeat Assessment Of The US Economy
Jul 31 06:20 GMT, by
The pair is expected to find support at 1.3373, and a fall through could take it to the next support level of 1.3346. The pair is expected to find its first resistance at 1.3421, and a rise through c...
GBP/USD: UK Consumer Confidence For July Dips For The First Time In Six Months
Jul 31 06:19 GMT, by
The pair is expected to find support at 1.6888, and a fall through could take it to the next support level of 1.6857. The pair is expected to find its first resistance at 1.6952, and a rise through c...
Technical Analysis Reports
Daily FX Report
Jul 31 06:44 GMT, by
Yesterday's U.S. Commerce Department report showed gross domestic product expanded at a 4 percent annual pace in the second quarter, confirming the Fed's view that a 2.1 percent contraction in the fi...
The Daily Wave Analysis
Jul 31 06:01 GMT, by
The bearish momentum could be part of an ABC (magenta) or a wave 3 (blue), which will depend on how slow or fast price retraces back up. In the 1st case a wave 3 is more likely; in the latter an ABC.
Euro Declines On Positive U.S. Growth Data
Jul 31 04:44 GMT, by
On Wednesday Euro/Dollar decreased with 50 pips. The European currency depreciated from 1.3416 to 1.3366 yesterday, matching the negative money flow sentiment at nearly -15%, closing the day at 1.339...
Foreign Exchange Market Commentary
Jul 31 04:11 GMT, by
THE EURO closed lower on Wednesday. The midrange close sets the stage for a steady opening when Thursday's night session begins trading. Stochastics and the RSI remain neutral to bearish signalling t...
Market Morning Briefing
Jul 31 03:29 GMT, by
The US GDP data brought more cheer for the Dollar bulls everywhere but perhaps the time for some caution is here with the Dollar Index still unable to convincingly trade above the 10 month resistance...
The Daily Forecaster: GBPUSD
Jul 31 03:26 GMT, by
Losses did move down to the 1.6923-30 projection zone but the very shallow correction option developed and quickly losses extended into the 1.6880-95 support. There is no hourly bullish divergence bu...
Analysis Report Search
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 ...
|ActionForex.com © 2014 All rights reserved.|