|Nov 21 11:57 GMT|
Fundamental Analysis Reports
Frantic Friday: China Cuts Interest Rates
Nov 21 11:38 GMT, by
China cut its benchmark interest rates for the first time in more than two years this morning to lower borrowing costs and lift a cooling economy that is on track for its slackest annual growth in ov...
Major Forex Banks Penalised Over Manipulations: Key Takeaways For Retail Traders
Nov 21 11:01 GMT, by
As we could all witness on major financial publication there have been some major stop hunts and grabbers last couple of months. What may come as a surprise to the majority, comes as no surprise for ...
Unusual Activity In EUR/CHF As EUR Slides
Nov 21 10:49 GMT, by
The quiet FX markets were interrupted by ECB President Draghi’s press conference this morning, in the European Banking Congress. Mario Draghi mentioned that some inflation expectations are excessivel...
European Market Update: ECB's Draghi Hints At Possible QE To Address Chronic Low Inflation
Nov 21 10:37 GMT, by
ECB chief Draghi's renewed concern over inflation and potential to act led the Euro lower in the session. Draghi stressed that large asset purchases in the US, Japan led to exchange rate depreciation...
US Equities Hit Record Highs
Nov 21 09:27 GMT, by
The euro (EUR) remains above 1.2500 and formed its resistance at 1.2575 against the US dollar (USD). The euro erased part of its losses after the FOMC meeting minutes on Wednesday as policy makers ar...
Quiet FX, Rumors Of SNB Intervention
Nov 21 08:42 GMT, by
The Japan Diet is dissolved, preparations for December snap elections will now make the new headlines. Amid the aggressive Yen sell-off, the Japan Finance Minister Aso warned that high volatility in ...
Technical Analysis Reports
Forex Technical Analysis
Nov 21 10:21 GMT, by
Current pullback after 118.96 high should be considered corrective, preceding and advance towards 120.00 sentiment area. Trigger on the upside is 108.30 and major support is seen at 107.04.
USDJPY Elliott Wave Analysis: Wave 5 In Progress
Nov 21 09:44 GMT, by
USDJPY has reached levels around 119 in this week so we see pair forming an extended structure, now in wave 5 that needs to be made by five waves. For now that is still not the case from 115.45 wave ...
Technical Analysis for Major Currencies
Nov 21 09:39 GMT, by
The pair is still trading within a tight range, as breaching 1.2585 and stabilizing above it favors extending the upside move targeting 1.2635 and 1.2680. Trading above 1.2555 is positive and support...
Technical Analysis for Crosses
Nov 21 09:38 GMT, by
The pair retested the strong support 184.40 and is supporting the expected bullish extension on the short term, waiting to move towards 187.05 then 188.80. Linear Regression Indicators are still posi...
EUR/USD Stays Unchanged Below 1.2580
Nov 21 09:08 GMT, by
On Thursday the EUR/USD currency pair hovered in the range between major level at 1.25 and the closest resistance line, still represented by the weekly R1 at 1.2580. Despite changes in perceptions of...
GBP/USD Refuses To Cross Weekly PP
Nov 21 09:08 GMT, by
GBP/USD rose in value during last 24 hours; however, the pair refused to breach a resistance at 1.5733 and returned back below the 1.57 major level. It seems that a significant bearish pressure conti...
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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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