|Nov 28 09:30 GMT|
Fundamental Analysis Reports
Dollar Profits From Oil Price Decline
Nov 28 09:08 GMT, by
Low EMU inflation data and a sharp decline of the oil price were the key factors for trading yesterday. The dollar profited across the board even as the gains were moderate. Today, the same factors w...
Oil Plunges To Record Lows
Nov 28 09:05 GMT, by
The euro (EUR) dropped against the US dollar (USD) yesterday at 1.2455 as the Spanish yearly CPI came out to be worse than expected at -0.4%, while the expectations were at -0.3%. The single currency...
No Cut From OPEC - USD Gains Broadly
Nov 28 09:04 GMT, by
In the forex markets, USD rallied broadly after yesterday’s US holiday hiatus. EURUSD dropped to 1.2450 on heavy USD buying while USDJPY rose to 118.30. The USDKRW and USDMYR both dropped roughly 0.8...
Euro Zone Economic Sentiment Improves, German Unemployment Rate At Record Low
Nov 28 08:41 GMT, by
Euro zone economic sentiment improved for the second consecutive month in November as an increase in industry sentiment offset pessimism among consumers, a tentative sign the currency bloc is escapin...
Gold Falls For Third Day Amid Sharp Decline In Oil And Ahead Of Swiss Referendum
Nov 28 08:40 GMT, by
Gold declined for a third consecutive day, heading for a weekly drop amid expectations sharp fall in oil prices to the lowest level in four years raised prospects of cooling inflationary pressures, t...
Canada Posts Narrowest Current Account Deficit Since 2008
Nov 28 08:39 GMT, by
The Canadian Dollar was lower on Thursday on declining commodity prices and better than expected current account data. The Loonie traded at 88.92 US cents as Statistics Canada reported that the natio...
Technical Analysis Reports
Technical Analysis for Major Currencies
Nov 28 08:58 GMT, by
The pair dropped and failed to stabilize above 1.2500. Breaching again the referred to level and stabilizing above it is required to confirm the downside move targeting 1.2585 and 1.2620. while break...
Technical Analysis for Crosses
Nov 28 08:58 GMT, by
The pair is approaching the top waiting to be breached 186.10, and Linear Regression Indicators are almost providing a positive signal that support achieving the awaited break above that will ease th...
GBPUSD Elliott Wave Analysis: Correction Within Downtrend
Nov 28 08:26 GMT, by
GBP has recovered against the USD but not for long. We still see only three wave rally from the low as shown on the updated count. As such, bearish waves should not be ignored yet, especially as wave...
Foreign Exchange Market Commentary
Nov 28 04:12 GMT, by
THE EURO closed lower on Thursday. The lowrange close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI have turned neutral to bullish h...
Market Morning Briefing
Nov 28 03:45 GMT, by
We are changing the stance on Aussie-Dollar (0.8507) and now consider that this is probably not in range as expected few days back. The lower commodity prices, with Crude oil leading lower, will adve...
Daily Technical Analysis
Nov 28 03:26 GMT, by
The EURUSD failed to continue its bullish correction yesterday and hit 1.2448 earlier today. Once again, the upper line of the bearish channel proven to be a strong/valid resistance which keeps the b...
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...
|ActionForex.com © 2014 All rights reserved.|