|Oct 24 11:15 GMT|
Fundamental Analysis Reports
A Welcome Boost For The EU Sentiment
Oct 24 11:01 GMT, by
The Eurodollar has traded narrowly for the past two days, with investors most likely focusing on the release of the European Central Bank (ECB) stress test report on Sunday evening. Several rumours h...
AUD/USD – Listless As Markets Await US Housing Data
Oct 24 10:58 GMT, by
It's been an uneventful week for AUD/USD, and this trend continues on Friday, as the pair trades in the mid-0.87-range in the North American session. In economic news, the sole US release on the sche...
EUR/USD – Euro Remains Rangebound Despite Strong German Consumer Confidence
Oct 24 09:58 GMT, by
EUR/USD is showing little activity on Friday, as the pair continues to trade in the mid-1.26 range. The listless euro didn’t show any reaction as German Consumer Climate improved to 8.4 points. In th...
Gold Dips On Positive Jobless Claims Report
Oct 24 09:57 GMT, by
Gold lost ground on Thursday, losing close to 1% of its value against the US dollar. On Friday, the metal's spot price stands at $1231.80 per ounce in the European session. Although Unemployment Clai...
European Market Update: Looming Weekend For Event Risk With ECB Stress Test Results
Oct 24 09:53 GMT, by
The GBP currency was a tad firmer as Q3 advance GDP came in line with expectation. The GBP/USD moved 40 pips higher towards 1.6070 area in the aftermath of the data release and poised to snap a 3-day...
BRL Sell-Off Intensifies As Polls Favor Rousseff’s Victory
Oct 24 09:51 GMT, by
In Brazil, the second round of the presidential elections is due on October 26th. As the weekly closing bell approaches, the volatilities in BRL should remain elevated. USD/BRL’s 1-month implied vola...
Technical Analysis Reports
Forex Technical Analysis
Oct 24 09:09 GMT, by
The prolonged consolidation above 1.2612 signals, that a larger corrective phase is underway and I favor a reversal above 1.2612 low to initiate a rise towards 1.2743 resistance area. Initial intrada...
Technical Analysis for Major Currencies
Oct 24 08:48 GMT, by
The pair attempted to rise yesterday but remained limited below 1.2700, and closed yesterday's trading session below the resistance 1.2660. Stability below the referred to level could extend bearishn...
Technical Analysis for Crosses
Oct 24 08:48 GMT, by
The pair touched the first main awaited target at 173.65 and is showing a slight bearish bias affected by the negativity of RSI, while we wait for further positivity in the coming period supported by...
Today's Market Outlook
Oct 24 08:29 GMT, by
The Euro consolidates fresh weakness which found temporary footstep above psychological 1.26 support and low 10 Oct. Near-term price action is in directionless mode, confirmed by yesterday’s Doji can...
USDJPY Elliott Wave Analysis: Uptrend Continuation
Oct 24 08:15 GMT, by
USDJPY found support at 105.19 and is now reversing quite sharply to the upside, and made an important overlap yesterday with 108.00 figure which confirms the fact that a decline from the high was a ...
EUR/USD Makes A Pit Stop At 1.26
Oct 24 07:22 GMT, by
EUR/USD has found some support at 1.26, and the pair is currently consolidating, meaning there is unlikely to be continuation of the decline today. But in the coming weeks there is expected to be a r...
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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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