|Jul 29 08:40 GMT|
Fundamental Analysis Reports
Daily FX Analysis
Jul 29 08:24 GMT, by
The Euro managed to find some support above the 1.3420 level with the 200-week moving average providing some additional backing for now even though underlying sentiment remained negative. Markets wer...
Dollar Strength Ahead of Tomorrow's FOMC Statement
Jul 29 08:23 GMT, by
The euro (EUR) remains range bounded near its lowest point in the last 8-months against the US dollar (USD) at 1.3437. The single currency remains under pressure despite the bad data from the monthly...
Kiwi Becoming Lactose Intolerant
Jul 29 08:06 GMT, by
The kiwi dollar has taken a beating in the last few weeks. There are good reasons for this, with dairy products at the top of the list, and now it looks like it has one more level to test before a br...
Dax Touches Key Area
Jul 29 08:02 GMT, by
The DAX index is generally a good representation of the economy and has as of late been struggling to break through key resistance on the daily chart. After looking for it to fall further in recent a...
ECB Efforts Full Of Hot Air
Jul 29 07:49 GMT, by
This week European Central Bank's patience will be tested once again, as key inflation data for July are on the radar. While policy makers may feel there is a room for complacency at least for this s...
FOMC To Hold Course With More Tapering
Jul 29 07:44 GMT, by
Economists from the ING believe the world's largest economy has bounced back in the second quarter following a dismal start to the year. While growth is expected to reach around 3.0% in the three mon...
Technical Analysis Reports
Foreign Exchange Market Commentary
Jul 29 07:56 GMT, by
THE EURO closed lower on Friday as it extends the decline off this month's high. The lowrange close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastic...
Cable Below 1.7, Consumer Credit Ahead
Jul 29 07:31 GMT, by
On Monday Pound/Dollar increased insignificantly with 30 pips. The Cable appreciated from 1.6971 to 1.7001 yesterday, in converse with the negative money flow sentiment at around -11%, closing the da...
Daily FX Report
Jul 29 07:11 GMT, by
The U.S. economy failed to rebound as much as investors forecast in the second quarter but the USD increased the most in two weeks against the EUR to $1.3440 yesterday, dropping the most on a closing...
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...
Analysis Report Search
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 ...
|ActionForex.com © 2014 All rights reserved.|