|Jul 29 06:38 GMT|
Fundamental Analysis Reports
Asian Market Update: Japan Unemployment Rate Rises Despite Multiyear High In Job Availability
Jul 29 04:20 GMT, by
Japan economic data for June has been consistently disappointing, with soft retail trade and labor figures released today tracking worse than expected exports, CPI, and manufacturing. Jobless rate ro...
The U.S Dollar Set For A Big Week
Jul 29 03:45 GMT, by
The U.S dollar has been a little lacklustre for some time, but talks of its downfall may have been greatly exaggerated. It has been quite clear now that the U.S economy has had a bit of a tough time;...
GBPUSD Close To Trend Line
Jul 29 03:42 GMT, by
The Pound has given back all of the gains made early in the month and is now on the trend line. There is not a great deal of news in the market early this week so it is likely to play off technicals,...
Nylon Handover: Sheepish Markets Awaiting The 'Real' Data
Jul 29 02:19 GMT, by
Very quiet session overall which saw currencies hold around their weekly closing prices, albeit a few pips here and there. US Flash Servives PMI fell short of expectations but only marginally below t...
Dollar Inclines Versus Majors Before Fed's Meeting
Jul 29 01:57 GMT, by
The greenback strengthened against other major currencies before the two-day Federal Reserve Bank's meeting, where investors are weighing on the meeting's results. From another side, markets are wait...
Japan's Jobless Rate Exceeds Estimates In June
Jul 29 01:56 GMT, by
Japanese jobless rate surpassed analysts' estimates during June's reading, where Japanese economy currently witnessing raised challenges in stabilizing prices and reaching its 2 percent inflation tar...
Technical Analysis Reports
EURAUD's Sell-Off Approaches A Critical Juncture
Jul 29 04:39 GMT, by
EURAUD has broken through a key long-term trend line. The move came after a sustained negative divergence between price action and RSI on a weekly chart. Yet, is the sell-off over? On very long-term ...
Euro Remains Weak Ahead Of Fed Rates
Jul 29 04:37 GMT, by
On Monday Euro/Dollar traded within narrow almost 20 pip range. The European currency appreciated from 1.3426 to 1.3444 yesterday, not matching the negative money flow sentiment at nearly -7%, closin...
The Daily Wave Analysis
Jul 29 04:17 GMT, by
A break below 1.3425 would break the 138.2% Fibonacci level of wave X (vs wave W) and the alternative count would most likely be a wave 3 (both blue). Price is moving down in a well balanced down tre...
Daily Technical Analysis
Jul 29 02:23 GMT, by
The EURUSD didn't make significant movement yesterday. There are no changes in my technical outlook. The bias remains bearish in nearest term especially if price able to make a clear break below 1.34...
USDCAD Gains To Continue?
Jul 29 02:16 GMT, by
The Canadian dollar is very light on news, with only GDP m/m likely to have any major input on the single currency. Forecast at 0.1% it is hardly setting the world alight but a reading below -0.1% sh...
GBPUSD - Susceptible With Caution
Jul 29 02:12 GMT, by
GBPUSD - With continued downside pressure seen the past week, further downside is likely though a correction could occur in the new week. On the other hand, support lies at the 1.6921 level where a b...
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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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