|Aug 04 09:42 GMT|
Fundamental Analysis Reports
AUD Surges As RBA Holds Rates
Aug 04 08:59 GMT, by
FX markets were stable in Asia trading, with the exception of AUD. As was universally expected the RBA held OCR at 2.0% and continue to see the current accommodative policy as appropriate. Yet, the a...
Bear Trend Dominates Silver Market
Aug 04 07:17 GMT, by
The prospect of a rate rise from the US Federal Reserve in September has all but sealed the fate of Silver recently. The bearish trend has been dominating and the recent 6 year low now looks to be th...
Euro Short Squeeze Breakout In Progress
Aug 04 07:15 GMT, by
The Euro has continued to feel the selling pressure this week as the market's focus shifts towards a resurgent U.S. Dollar. The Euro has subsequently drifted lower whilst its price action has formed ...
Euro Zone Manufacturing Sector Continues To Expand In July
Aug 04 07:11 GMT, by
The Euro zone's manufacturing sector continued to expand strongly in July amid the turbulent Greek debt crisis during the month. The final manufacturing PMI for the Euro area slid to 52.4 in July, do...
US Labour Costs Rise At The Slowest Pace In 33, Consumer Confidence Deteriorates
Aug 04 07:10 GMT, by
A closely watched core PCE inflation remained steady in June, while consumer spending and incomes suggest robust, albeit moderate economic growth. The index for personal consumption expenditures, exc...
UK Manufacturing PMI Rises To 51.9 In July
Aug 04 07:08 GMT, by
British manufacturing growth accelerated in July, recovering from the lowest level in more than two years in June. According to Markit Economics, UK manufacturing PMI rose to 51.9, up from 51.4 in Ju...
Technical Analysis Reports
Forex Technical Analysis
Aug 04 09:11 GMT, by
EUR/USD The outlook here is rather positive, for a break through 1.1000 resistance area, en route to 1.1126 peak. Key support is projected at 1.0890.
USDCAD Keeps Moving Higher, Eyeing For 1.3300 Zone
Aug 04 09:08 GMT, by
USDCAD turned nicely higher in the last two months which has been technically expected because of a clear corrective set-back down to 1.1920 area that we labeled it as a three wave move in wave (4). ...
EUR/USD Still Below 1.10
Aug 04 08:57 GMT, by
EUR/USD traded in a soft downtrend on Monday, while overall this currency pair remained hovering below the 1.10 mark. The short-term outlook will be somewhat bearish, as long as the long-term downtre...
GBP/USD Remains Stuck Around 1.56
Aug 04 08:50 GMT, by
The Sterling failed to remain flat against the US currency, as it tested the strong support around 1.5570. Nevertheless, the trend-line pushed the Cable back up to 1.5589, where it stabilised. Conseq...
USD/JPY Gravitates Towards 124.00
Aug 04 08:49 GMT, by
The USD/JPY remained relatively unchanged on Monday, as the pair only suffered a nine-pip loss. The weekly PP along with the 20-day SMA prevented the Greenback from edging lower and are expected to d...
XAU/USD Closes At Lowest Level Since 2010
Aug 04 08:48 GMT, by
Even though gold still seems to be locked in the vicinity of 1,100 by showing no abrupt movements, yesterday it succeeded in pushing the daily candle to a new five-year low closing price of 1,084. No...
Analysis Report Search
Long Term Forecasts
Euro Area Outlook for 2015: Impact of Broad-Based QE
Jan 17 03:46 GMT, by
The expected ECB QE programme will support economic activity through a number of channels and hence...
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...
|ActionForex.com © 2015 All rights reserved.|