|Apr 23 13:07 GMT|
Fundamental Analysis Reports
USDJPY Weakness: Could It Hurt Other Markets?
Apr 23 12:21 GMT, by
This morning USDJPY has come under pressure, and has fallen below its 50-day moving average at 102.38. This is another set-back in USDJPY's recovery, and suggests that the recent rally was half-heart...
EUR/USD - Gains As Eurozone, German PMIs Point Up
Apr 23 11:49 GMT, by
EUR/USD has posted gains in Wednesday trading, as the pair has climbed to the mid-1.38 range in the European session. Eurozone and German PMIs beat their estimates, although the French releases fell ...
No For Sale Sign On EUR Or GBP Just Yet
Apr 23 11:20 GMT, by
Despite major currency volatility falling to its lowest level in seven-years, there has been some movement in the forex market now that the Easter holidays are over. Fundamental data releases stretch...
Euro PMIs Stronger Than Expected In April
Apr 23 11:08 GMT, by
Manufacturing PMI increased to 54.2 in April, from 53.7 in March (consensus 53.8, Danske Bank Markets 53.4). The details for manufacturing PMI were mixed: new orders declined a bit from 55.5 to 54.7 ...
UK's Modest Investment Recovery Still A Concern
Apr 23 10:31 GMT, by
The FX markets trade on economic data / news today. The softer-than-expected AUD inflation, the ongoing contraction in China, the lower budget deficit in UK and optimistic BoE minutes, mixed PMI read...
European Market Update: Markets Pick Up As EU Earnings Get Underway, PMI Data Mixed
Apr 23 10:26 GMT, by
Dealers were hoping that the Eurozone PMI releases would help break the Euro out of its recent trading range. However, for the time being EUR/USD continued to remain locked in its recent 200 pip Apri...
Technical Analysis Reports
USDJPY - Sells Off, Target Additional Weakness
Apr 23 11:10 GMT, by
USDJPY - With USDJPY breaking out of consolidation to the downside, there is risk of further weakness. Support lies at the 102.00 level with a breach of here targeting the 101.32 level where a violat...
Forex Technical Analysis
Apr 23 11:00 GMT, by
Although the pair is till capped below 1.3836 dynamic resistance and the downtrend from 1.3904 is intact, my outlook is bullish, for a break trough the crucial resistance at 1.3863, en route to 1.396...
Dollar/Yen Strength Ebbs On Steady Euro Zone PMIs
Apr 23 10:18 GMT, by
On Tuesday Dollar/Yen traded within narrow 30 pip range. The currency couple depreciated from 102.73 to 102.40 yesterday, matching the negative money flow sentiment at nearly -10%, closing the day at...
Technical Analysis for Major Currencies
Apr 23 09:30 GMT, by
The pair is trading weakly as the technical catalysts didn't change since yesterday, whereas the pair is stable above 38.2% correction at 1.3780 levels showing on graph. Stability above the referred ...
Technical Analysis for Crosses
Apr 23 09:30 GMT, by
The pair is fluctuating around the resistance connecting the descending tops shown on graph and that resides at 172.60. The pair must breach this level to confirm the general uptrend that depends mai...
Daily FX Report
Apr 23 08:47 GMT, by
Tonight, a report of the Chinese manufacturing showed that all previous efforts of the government to halter the further cooling of the economic growth remained restrained. Also the HSBC Purchasing Ma...
Analysis Report Search
Long Term Forecasts
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 ...
GBP/USD - 2013 In Review
Dec 26 02:30 GMT, by
The Bank of England revised its growth forecast for 2013 to 1.6%, up from 1.4% in a previous foreca...
EUR/USD - 2013 in Review
Dec 25 13:46 GMT, by
The ECB is expecting better news in 2014, with the Eurozone economy expected to post growth of 1%. ...
|ActionForex.com © 2014 All rights reserved.|