|Aug 21 21:59 GMT|
Fundamental Analysis Reports
US Existing Home Sales Unexpectedly Rise in July to a 10-Month High
Aug 21 15:37 GMT, by
Existing home sales in the US unexpectedly rose by 2.4% in July to 5.15 million annualized units from the revised 5.03 million units in June (initially reported as 5.04 million). The improvement in t...
US Initial Jobless Claims Fell in the Week Ending August 16
Aug 21 15:36 GMT, by
US initial claims fell by 14,000 to 298,000 in the week ending August 16, 2014 following a revised 312,000 reading (was 311,000) in the previous week. The latest reading was slightly lower than marke...
AUD/USD - Under Pressure After Solid US Job Claims
Aug 21 14:14 GMT, by
AUD/USD is stable on Thursday, as the pair trades slightly below the 0.93 line in the North American session. In economic news, Australian CB Leading Index gained 0.4% in July, a six-month high. In t...
USD/JPY - Yen Slump Continues After Fed Minutes
Aug 21 13:26 GMT, by
The US dollar continues to gain ground against the Japanese yen, as USD/JPY flirts with the 104 range early in the North American session. On the release front, Japanese Manufacturing PMI improved to...
Gold Under Pressure After Hawkish Fed Minutes
Aug 21 12:08 GMT, by
Gold prices are lower on Wednesday, as the metal has slipped to two-month lows. The spot price stands at $1281.34 per ounce in the European session. On the release front, it's a busy day in the US, l...
Is Jackson Hole To Be A Currency Event?
Aug 21 11:39 GMT, by
There's chatter in the market that Jackson Hole, beginning today, could be a currency event, another type of Plaza accord. Up until now, the market had been solely on the lookout for any hawkish comm...
Technical Analysis Reports
USDCAD Pressing Critical 1.0985 Barrier Ahead of US Data
Aug 21 13:28 GMT, by
Last week, we featured a developing USDCAD Double Top pattern at 1.0985, suggesting that the pair may fall further after breaking the pattern's point of reference at 1.0900 (see below for more). Thou...
Technical Update - Important EUR and GBP Pairs
Aug 21 11:43 GMT, by
After retesting 50-day SMA immediate resistance in the previous week, the pair resumed to drift lower and is now hovering around 1.4300 round figure mark. Repeated failure to decisively conquer 50-da...
Technical Outlook: USDCAD, USDCHF, EURCAD And EURCHF
Aug 21 11:15 GMT, by
Ever since the USDCAD reversed from its ascending trend line support, stretched from September 2013, during early July 2014, the pair continued its up-move as signaled by another ascending trend line...
Dollar/Yen Extends Gains, Closing To 104
Aug 21 10:00 GMT, by
On Wednesday Dollar/Yen continued increasing significantly with 95 pips. The currency couple appreciated from 102.89 to 103.85 yesterday, matching the positive money flow sentiment at over +22%, clos...
Forex Technical Analysis
Aug 21 09:49 GMT, by
Current rebound above 1.3239 signals a reversal of the slide from 1.3411, but I believe it is only a corrective one, preceding another dip towards 1.3090. Initial intraday resistance is seen at 1.330...
Today's Market Outlook
Aug 21 08:41 GMT, by
The Euro continues to trend lower, with fresh acceleration below 1.33 handle, testing levels below initial 1.3247, Fibonacci 38.2% retracement target. Further bears are expected to test the next targ...
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...
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