|Dec 02 05:07 GMT|
Fundamental Analysis Reports
Data Dependant? ISM Back To Recession Territory
Dec 02 02:15 GMT, by
With Glenn Stevens and the RBA chilling out into Christmas, the big overnight storyline was the slumping US manufacturing sector. 'USD ISM Manufacturing PMI (48.6 v 50.6 expected)' That’s a fall belo...
US ISM Manufacturing Index Fell Below 50 in November; Construction Spending Continued to Pick up in October
Dec 02 00:43 GMT, by
Activity in the US manufacturing sector continued to slow in November 2015 with the ISM manufacturing index slipping into contractionary territory, below the breakeven level of 50. November's headlin...
November Recap: USD Reigns, But Upstart Aussie Takes the Cake
Dec 01 14:56 GMT, by
For anyone trading FX through the month of November, the most obvious theme was the resurgence of the US dollar bullish trend. This move was driven almost exclusively by increasing expectations that ...
Gold Steady Ahead of US Manufacturing PMI
Dec 01 12:45 GMT, by
Gold is steady on Tuesday, as the metal trades at a spot price of $1068.94 in the European session. In economic news, we'll get a look at US manufacturing data, highlighted by ISM Manufacturing PMI. ...
Dollar Retreats As Rate Hike Pace Questioned
Dec 01 12:28 GMT, by
The U.S dollar starts the final month of the year under pressure across the board as dealers and investors prudently price in market expectations of a gradual tightening cycle by the Fed. Currently, ...
Crude Steady Ahead of US Manufacturing PMI
Dec 01 12:01 GMT, by
US Crude continues to have an uneventful week, as crude trades just shy of $42 a barrel in Tuesday's European session. In economic news, we'll get a look at manufacturing data, highlighted by ISM Man...
Technical Analysis Reports
USDJPY - Corrective Pullback Risk Remains In Place
Dec 02 05:01 GMT, by
USDJPY - Having continued to maintain below the 123.74/99 zone and weakening on Tuesday, USDJPY corrective pullback risk remains in place. On the downside, support comes in at the 122.50 level where ...
Market Morning Briefing
Dec 02 03:32 GMT, by
The sharp bounce of Euro (1.062) from 1.056 may change the short term trend upwards on a break above 1.6470 but the larger trend remains firmly down and may reassert itself any moment. Pound (1.5068)...
Daily Technical Analysis
Dec 02 02:51 GMT, by
The EURUSD had a bullish momentum yesterday topped at 1.0637. The bias is bullish in nearest term testing 1.0650 and the trend line resistance which is a good place to sell targeting 1.0500 with a ti...
EURUSD - Looks To Maintain Above Key Support Zone
Dec 02 02:29 GMT, by
EURUSD - Having continued to see price hesitation, EURUSD looks to maintain above key support zone as temporary bottom scenario is developing. If it can hold and trade above the 1.0519/00 zone this v...
AUD/USD Looking Better Than It Has In Over A Year
Dec 02 02:26 GMT, by
The weekly AUD/USD chart (below) looks stronger than it has at any point in the last year. As of writing, the rates are breaking above a 14-month bearish trend line near .7200 and approaching a three...
AUD/CAD Testing 2.5-Year Bear Trend
Dec 02 02:22 GMT, by
The AUD/CAD may not be on the watch list of many traders, but this cross may have formed a major low and about to make significant gains in the days and weeks to come. It has been supported not only ...
Analysis Report Search
Long Term Forecasts
Gold for Bear Market?
Oct 13 13:23 GMT, by
A "bear market" is frequently defined as a decline of at least 20% in the S&P 500 index. Troubl...
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...
|ActionForex.com © 2015 All rights reserved.|