|Nov 27 09:59 GMT|
Fundamental Analysis Reports
Gold Hovers Near Six-Year Low, Prepares For Another Weekly Decline
Nov 27 09:34 GMT, by
Precious-Gold hovered near a six-year low on Friday, preparing for another weekly loss, as investors’ sentiment dominated by the Fed’s interest rate outlook. Investors predict the Fed would begin rai...
Sterling Sensitivity Ahead Of Second Estimate GDP Report
Nov 27 09:18 GMT, by
The lingering impact of Mark Carney's inability to provide a concise timeframe on a UK rate rise has punished the Sterling this week. This single currency continues to face headwinds from the Bank of...
EUR/USD Flat Lined Amid Thanksgiving, Implied Volatility On The Rise
Nov 27 08:39 GMT, by
EUR/USD's price action has been flat lined for the last two days as the US were heading into the Thanksgiving holiday. US markets will be open today but the session will be shortened. However, mounti...
Risk-Off Is A Slightly Negative For The USD And Sterling Today
Nov 27 08:11 GMT, by
Yesterday, trading in EUR/USD and USD/JPY was confined to tight ranges as US markets were closed. This morning, sentiment on risk turned negative in China. If this sentiment would spill over the Euro...
Australia's Private Capex Falls Sharply In September Quarter
Nov 27 08:07 GMT, by
Private capital expenditure in Australia dropped sharply in the third quarter, driven by renewed weakness in mining investment. Australian firms held back on investing in new capital in the three mon...
Japan Posts Disappointing Economic Data
Nov 27 08:06 GMT, by
Japan's consumer price inflation eased for the third month in a row, while household spending also dropped, putting greater pressure on the Bank of Japan to boost inflation expectations, while the wo...
Technical Analysis Reports
EUR/USD To End The Week In Tranquil Trading
Nov 27 09:11 GMT, by
EUR/USD continued to trade in a tight range on Thursday, owing to lack of major fundamental and technical drivers throughout the day. Closest support, namely the weekly S1 at 1.0586, is not considere...
GBP/USD Gravitates Towards Weekly S1
Nov 27 09:08 GMT, by
The Sterling made its way closer to the Nov low yesterday, by falling towards the major level of 1.51 against the US Dollar. The Cable appears to be glued to the weekly S1 level and refuses to drop b...
USD/JPY Stuck Around 122.50
Nov 27 09:06 GMT, by
On Thursday the US Dollar edged lower against the Japanese Yen, somewhat breaching the up-trend. As a result, price opened further away from the up-trend and risks falling even deeper down, as the 20...
Gold Sees No Value Change During Thanksgiving
Nov 27 09:04 GMT, by
The bullion was literally unchanged in price on Thursday, which is explained by US Bank Holiday and low volatility in both commodity and FX markets. Price opened and closed just above July low at 1,0...
USDJPY Could Be Headed Lower
Nov 27 08:28 GMT, by
Although the pair managed to hold and bounce off an important support near 122.25-20 area, but is now reversing from a short-term descending trend-line resistance. The descending trend-line resistanc...
EUR/USD And GBP/USD Building Corrective Waves
Nov 27 07:54 GMT, by
The EUR/USD remains ingrained in a downtrend channel which is indicated by the orange and blue trend lines. Price is near the year low (green) of 1.0460 which could act as a strong support level.
Analysis Report Search
Long Term Forecasts
Gold for Bear Market?
Oct 13 13:23 GMT, by
A "bear market" is frequently defined as a decline of at least 20% in the S&P 500 index. Troubl...
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...
|ActionForex.com © 2015 All rights reserved.|