|Jul 23 05:28 GMT|
Fundamental Analysis Reports
USD/CAD: Loonie Trading Below Its MA's
Jul 23 05:23 GMT, by
The pair is expected to find support at 1.0716, and a fall through could take it to the next support level of 1.0703. The pair is expected to find its first resistance at 1.0752, and a rise through c...
EUR/USD: US Inflation Numbers For June Came In Line-With-Expectations
Jul 23 05:19 GMT, by
The pair is expected to find support at 1.3437, and a fall through could take it to the next support level of 1.3412. The pair is expected to find its first resistance at 1.3509, and a rise through c...
GBP/USD: Pound Trading Tad Higher Ahead Of The BoE Minutes
Jul 23 05:17 GMT, by
The pair is expected to find support at 1.7047, and a fall through could take it to the next support level of 1.7023. The pair is expected to find its first resistance at 1.709, and a rise through co...
USD/JPY: Japan May Witness End Of Deflation, BoJ's Hiroshi Nakaso
Jul 23 05:15 GMT, by
The pair is expected to find support at 101.29, and a fall through could take it to the next support level of 101.17. The pair is expected to find its first resistance at 101.58, and a rise through c...
Will The Kiwi Fly? Or Will A Certain 'Dove' Keep It Flightless?
Jul 23 04:55 GMT, by
Traders would remember Graeme Wheeler's talk of intervention if an 'overvalued New Zealand Dollar' was accompanied by poor fundamental data coming out. So it should not come as too much of a surprise...
Asian Market Update: AUD/USD Hits 2-Week High On Hotter CPI, BHP Iron Ore Output Tops Prior Forecast
Jul 23 04:41 GMT, by
Hotter than expected Australia Q2 CPI sent AUD/USD pair up some 50pips above $0.9430 - a 2-week high. Headline CPI of 3.0% was a 9-quarter high and at the very top of the RBA target range of 2-3%, wh...
Technical Analysis Reports
Daily Technical Analysis
Jul 23 05:04 GMT, by
The EURUSD had a bearish momentum yesterday bottomed at 1.3457. The bias is bearish in nearest term testing 1.3400. Immediate resistance is seen around 1.3500. A clear break above that area could lea...
Weak Euro Coincides With ECB Expectations
Jul 23 04:38 GMT, by
On Tuesday Euro/Dollar decreased with 70 pips. The European currency depreciated from 1.3530 to 1.3459 yesterday, matching the negative money flow sentiment at under -19%, closing the day at 1.3463. ...
Foreign Exchange Market Commentary
Jul 23 04:06 GMT, by
THE EURO closed lower on Tuesday and below June's low as it extends the decline off this month's high. The lowrange close sets the stage for a steady to lower opening when Wednesday's night session b...
Market Morning Briefing
Jul 23 03:32 GMT, by
Euro (1.3462) has broken down below 1.3475 as it trades at an 8 month low. Right now, it is tottering at the monthly trendline support at 1.3450, below which the door to 1.33 and 1.31 opens up. Expec...
AUD/USD – Runs Into Resistance At 0.9425 Yet Again
Jul 23 01:23 GMT, by
The Australian dollar is presently trading in a small range just below 0.94 after surging higher to the well established resistance level at 0.9425 and being rejected again in recent hours. It has st...
Australia 200 – Easing Away From Resistance At 5550
Jul 23 01:20 GMT, by
The Australia 200 Index has found a new key level to deal with in recent weeks as it has been able to consistently move through the 5500 level however it has now run into a short term resistance leve...
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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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