|Apr 16 10:10 GMT|
Fundamental Analysis Reports
European Market Update: European Q1 Results Remain Mixed And Negatively Impacted By Currencies
Apr 16 09:59 GMT, by
The GBP was firmer after the UK employment picture continued its improvement. UK ILO Unemployment Rate moved below the BOE 7.0% threshold (**Note back in Feb the central bank stated that it would loo...
UK Unemployment Below 7%, GBP Rallies
Apr 16 09:55 GMT, by
The UK 3-month average unemployment rate falls below BoE's former 7.0% threshold, the average earnings signal that improvement in life standards may have begun in the UK. The Cable is upbeat today, w...
European Stocks Gain Amid China Stimulus Bets
Apr 16 09:39 GMT, by
European shares opened higgher in the European trade on Wedensday, after China's economic growth slightly beat forecast and prospects for additional stimulus boosted risk appetite. The earnings seaso...
Euro Area Inflation Unrevised At Four-Year Low
Apr 16 09:10 GMT, by
Euro area inflation remained unrevised at its lowest level in four years, providing more signals the ECB would soon intervene to halt any deflationary cycle. Consumer Price Index for the year ended M...
China's GDP Growth Slowed Further In Q1 But Industrial Production Suggests Stabilisation
Apr 16 09:05 GMT, by
China's GDP growth in Q1 14 eased to 7.4% y/y (consensus: 7.3% y/y, DBM: 7.4% y/y) from 7.7% y/y in Q4 13, confirming that growth in China is slowing although less than expected. Nonetheless, the ove...
US Dollar Gains As The Tensions In Ukraine Are Escalating
Apr 16 08:58 GMT, by
The euro (EUR) continued its drop against the US dollar (USD) and reached its new low at 1.3807. The single currency fell as Mario Draghi stated during the weekend that the appreciation of the euro m...
Technical Analysis Reports
GOLD And USDCAD Intraday: Elliott Wave Analysis
Apr 16 09:58 GMT, by
USDCAD moved to a new swing high yesterday but bullish price was not there for long. Price moved slightly down in the last two sessions, also through the support line from 1.0855 so we think that mar...
Forex Technical Analysis
Apr 16 09:47 GMT, by
The recent low at 1.3788 was practically a test of the key support around 1.3780 and the outlook is already bullish, for a rise towards 1.3904, en route to 1.3960. Initial minor resistance lies at 1....
Dollar/Yen Up On Japan Pensions Fund Action
Apr 16 09:42 GMT, by
On Tuesday Dollar/Yen traded within 50 pip range. The currency couple depreciated from 102.00 to 101.49 yesterday, matching the negative money flow sentiment at under -11%, closing the day at 101.89....
Today's Market Outlook
Apr 16 09:38 GMT, by
The Euro trades in a corrective mode off fresh low at 1.3789, where strong support, 50% retracement of 1.3671/1.3904 / broken bear-trendline off 1.3965 peak, contained reversal off 1.3965 for now. Co...
Technical Analysis for Major Currencies
Apr 16 09:31 GMT, by
The European trading session started today with stability above the minor support 1.3800 after approaching yesterday the key support level represented in 38.2% correction, as stabilizing above the re...
Technical Analysis for Crosses
Apr 16 09:31 GMT, by
The pair is trading to the upside breaching 170.65, supporting the upside move within the ascending channel on graph. The upside targets start at 173.05 and extend toward 174.80. The MA 50 & 100 ...
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.|