|Jul 31 23:40 GMT|
Fundamental Analysis Reports
AUD/USD - Struggling Aussie Dips Below 93
Jul 31 14:46 GMT, by
AUD/USD continues to lose ground on Thursday, as the pair trades below the 0.93 level early in the North American session. The pair has surrendered over 100 points this week and is trading at its low...
US Initial Jobless Claims Increased in the Week Ending July 26
Jul 31 13:56 GMT, by
US initial claims jumped by 23,000 to 302,000 in the week ending July 26, 2014 following a downwardly revised 279,000 reading (was 284,000) in the previous week. The latest reading was roughly in lin...
Canadian GDP Rebounds in May
Jul 31 13:54 GMT, by
May 2014 GDP increased by a solid 0.4%, which was in line with market expectations. The increase was up sharply from the 0.1% gains that were recorded in both April and March. The strengthening in...
USD/JPY - Yen Slides on Sharp US GDP
Jul 31 12:27 GMT, by
The Japanese yen continues to sag, as USD/JPY is trading in the high-102 range. The yen lost close to a cent on Wednesday, as US GDP jumped 4.0%. Taking a look at Thursday's events, Japanese data was...
EUR's Fall from Grace Put on Hold Until NFP
Jul 31 12:10 GMT, by
The forex market has had a little bit of everything thrown at itself over the past 24-hours. It looks like an asset class that wants to make up for lost time in a hurry. Finally, fundamental and tech...
Gold Flat Ahead Of Unemployment Claims
Jul 31 10:39 GMT, by
Gold prices are steady on Thursday, as the metal continues to trade close to the $1300 level. In the European session, the spot price stands at $1295.01 per ounce. In the US, today's highlight is Une...
Technical Analysis Reports
WTI Stands for "Why The Impotence"
Jul 31 14:04 GMT, by
One of the most reliable cause-and-effect relationships in all of global markets is that violence in the Middle East tends to lead to a spike in oil prices. As you might expect, the most direct expla...
AUDUSD - Weakens, Eyes Further Downside
Jul 31 11:06 GMT, by
AUDUSD - With AUDUSD extending its price weakness during Thursday trading session,, more decline is likely. Support lies at the 0.9250 level. A cut through here will turn attention to the 0.9200 leve...
Forex Technical Analysis
Jul 31 11:03 GMT, by
Yesterday's uptrend reached a local high at 103.05 and current pullback is corrective, preceding an advance towards 104.10. Minor intraday support lies at 102.71, followed by the major one at 102.30.
Technical Outlook - AUDUSD, NZDUSD And AUDNZD
Jul 31 10:42 GMT, by
On Thursday, the pair added to its losses on Wednesday lead by weaker Australian economic data. In doing so the pair weakened below 0.9320-0.9300 immediate support, comprising of 100-day SMA and 23.6...
Dollar/Yen Rally Limited By Fed Tempering
Jul 31 09:47 GMT, by
On Wednesday Dollar/Yen increased significantly with 105 pips. The currency couple appreciated from 102.03 to 103.10 yesterday, matching the positive money flow sentiment at above +24%, closing the d...
AUDUSD Elliott Wave: Bearish Impulse Is Underway
Jul 31 09:18 GMT, by
AUDUSD is trading south as expected after only three wave rally from 0.9327 up to 0.9470. We labeled that move as wave (ii)/(b), so in either case we were looking for a drop to a new low of July. 0.9...
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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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