|May 27 09:41 GMT|
Fundamental Analysis Reports
European Market Update: ECB Keeps Its ELA Funding For Greece Banking Sector Unchanged For 1st Time In Over 3 Months
May 27 09:36 GMT, by
The USD/JPY hovered just off its recent 8-year high at 123.32 ahead of a G7 meeting in Germany. Various Japanese politicians and central bankers reiterated standard G7 rhetoric that it was best if FX...
Dollar Dominance Punishes Euro, Pound And JPY
May 27 09:24 GMT, by
The Dollar bulls are continuing to enjoy momentum and drive the Greenback higher following Janet Yellen reigniting buying interest after she recently repeated the Federal Reserve’s commitment to rais...
Gold Finds Dynamic Support
May 27 08:10 GMT, by
Gold was sold off heavily yesterday, pushing the metal back below the $1200 an ounce mark as India announced a ‘Monetisation Programme’. Gold now sits along the bullish trend line at the bottom of a ...
Silver: Looking To The Long Side
May 27 08:09 GMT, by
Silver fell strongly overnight, breaching a key psychological level at 17.10, to rest upon support at 16.75. The metal now sits upon a bullish trend-line that is providing plenty of support and may s...
Dollar Extends Gains On Decent US Eco Data
May 27 07:45 GMT, by
Yesterday, the trends of the previous days continued. The dollar extended gains on constructive US eco data. The euro remained in the defensive as political uncertainty weighed. Today, the calendar i...
European Equities Recover, Dollar Rally Pauses
May 27 07:43 GMT, by
The latest data from the US were broadly mixed with April Durables Goods Orders matching expectations at -0.5%m/m (4% prior). Markit Flash Services PMI came in below expectation at 65.4 versus 56.5 e...
Technical Analysis Reports
Daily FX Report
May 27 09:18 GMT, by
The dollar was on a bullish footing, hoisted higher as U.S. debt yields rose on the strong economic indicators. The USD received a further boost as the euro slid not only on persisting Greek woes but...
GBPUSD Can Fall Further Towards 1.5100-1.5000
May 27 08:16 GMT, by
Cable broke lower on Friday so we see wave 2/B as completed recovery at 1.5690 because of a strong decline through 1.5584 level. Notice that wave C already reached our minimum expected zone near 1.53...
EUR/USD Nears Weekly S1 At 1.0856
May 27 07:25 GMT, by
On Tuesday, the single European currency remained under significant bearish pressure, as US fundamentals pushed EUR/USD below 1.09. The pair dropped to one-month lows and was stopped by the weekly S1...
GBP/USD Extends The Correction For The Second Week
May 27 07:22 GMT, by
Yesterday, the Sterling declined slightly more than anticipated, as the Cable crossed the immediate support at 1.5406, before stabilising at 1.5390. Moreover, the pair even reached a two-week low of ...
USD/JPY Struggles To Overcome 123 Area
May 27 07:21 GMT, by
On Tuesday, the US Dollar skyrocketed and crossed the two closest resistance clusters. During the trading session the Greenback managed to reach the 2007 high, but was pushed back and, eventually, cl...
XAU/USD Pierces Through Monthly PP
May 27 07:20 GMT, by
After four consecutive days of sluggish changes, the precious metal slipped considerably on Tuesday, while pricing US fundamentals. The nearest support, represented by monthly PP, weekly S1 and 55-da...
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.|