|Oct 21 11:57 GMT|
Fundamental Analysis Reports
Central Banks in View After China Growth Surprise Fails to Lift Markets
Oct 21 11:46 GMT, by
Earlier today China released the official Gross Domestic Product for the third quarter. It came in at 7.3% a slight improvement over the expected 7.2% but still the lowest print since 2009. The gain ...
USD/JPY - Yen Pressing on Greenback Ahead of Japanese Trade Balance
Oct 21 11:45 GMT, by
The Japanese yen is stable on Tuesday, as USD/JPY trades in the high-106 range in the European session. In Japan, All Industries Activities posted another decline, coming in at -0.1%. Later in the da...
Gold Prices Close To 6-Week Highs
Oct 21 11:12 GMT, by
Gold is steady on Tuesday, as the spot price is $1248.16 per ounce in the European session. The metal is trading just shy of $1249.71, which marks a 6-week high. Today’s sole release on the calendar ...
China Economic Growth Slows To A Five-Year Low
Oct 21 11:07 GMT, by
The big headline of the day is that China's economy expanded at a five year low of 7.3%. This figure is below Beijing's 7.5% target and the slower growth will likely raise fears over global economic ...
EUR/USD – Euro Under Pressure, Slips Under 1.28
Oct 21 10:35 GMT, by
EUR/USD has posted slight losses on Tuesday, as the pair pushed into 1.28 territory but was unable to consolidate. It’s a very quiet day on the release front, with no Eurozone events. In the US, toda...
European Market Update: Europe Endures Another Quiet Session As Analysts' Measure Up Chinese GDP Data
Oct 21 10:25 GMT, by
The USD/JPY moved off its Asian session lows of 106.30 area as the Nikkei-225 Index gave back half of Monday's gains. The yen firmed after a Japanese official played down recent speculation over the ...
Technical Analysis Reports
EUR/USD Drops on ECB Bond Buying Report, Downward Trend May Have Resumed
Oct 21 11:48 GMT, by
The EUR/USD has dropped sharply in the past hour or so and is in danger of resuming its long-term downward trend. Not only has it come under pressure from technical selling, but there's also some fun...
Forex Technical Analysis
Oct 21 10:29 GMT, by
Yesterday's slide broke through 106.70 support, reaching local low at 106.23. My outlook here is bullish, for a rise through 106.70, en route to 107.50 and 108.40.
Technical Analysis for Crosses
Oct 21 09:39 GMT, by
The pair retested the significant support of intraday trading 172.00, whereas stabilizing above it is the main catalyst to extending the expected upside move for the coming period targeting 173.65 an...
Technical Analysis for Major Currencies
Oct 21 09:38 GMT, by
The pair managed to move to the upside above 1.2780 and stabilized above it, as trading above it is positive and could extend the upside move towards 1.3070 later, but the positive outlook should be ...
Today's Market Outlook
Oct 21 08:59 GMT, by
The Euro probes above 1.28 barrier, on a fresh strength, off yesterday's low at 1.2730. Near-term price action continues to trade in choppy consolidation, entrenched within 1.2700/1.2840 range. Posit...
USDCAD Elliott Wave Analysis: Correction Within Uptrend!?
Oct 21 08:57 GMT, by
USDCAD is reversing from the highs but it can be just another deep corrective retracement. Ideally price turned down into wave ii) that may find the low at 1.1180-1.1200 zone. Keep in mind that as lo...
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...
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