|Sep 22 22:14 GMT|
Fundamental Analysis Reports
US Existing Home Sales Fell from 10-month High in August
Sep 22 15:24 GMT, by
The level of existing home sales in the US dropped by 1.8% in August to 5.05 million seasonally adjusted annualized units from the revised 5.14 million units seen in July (initially reported at 5.15 ...
GBP/USD - Limited Movement After Recent Volatility
Sep 22 15:23 GMT, by
The pound is having a quiet day, as GBP/USD takes a breather following strong volatility on Thursday and Friday. The pair is in the mid-1.63 range in the North American session. In the US, Existing H...
USD/CAD - Back Above 1.10 as Canadian Dollar Slips
Sep 22 15:22 GMT, by
USD/CAD has moved sharply higher at the start of the trading week, as the pair trades slightly above the 1.10 line on Monday. On the release front, US Existing Home Sales sputtered, as the indicator ...
AUD/USD - Slide Continues as Aussie Dips Below 89
Sep 22 13:01 GMT, by
The Australian dollar continues to head south on Monday, as AUD/USD trades in the high-0.88 range late in the European session. The Aussie has been in free fall in September, giving up about 450 poin...
Possibly A Range-Bound Week Ahead
Sep 22 12:27 GMT, by
Last week, the overall US Dollar index (I.USDX), which measures the US Dollar performance against other major currencies, posted yet another week of gains on the back of FOMC meeting. The FOMC econom...
USD/JPY - Weak Yen Struggling at 109
Sep 22 11:49 GMT, by
The Japanese yen continues to struggle, as USD/JPY lost about 170 points last week. The pair is trading just above the 109 line in Monday's European session, as the yen trades at its lowest level in ...
Technical Analysis Reports
AUDUSD Turns Negative for the Year on China Concerns
Sep 22 13:47 GMT, by
It's been another quiet start to the trading week, with by far the most interesting move developing in the AUDUSD. Just two weeks ago, we highlighted the big Head-and-Shoulders pattern on the pair, c...
Silver Hits Lowest Since July 2010, But is the Selling Overdone?
Sep 22 11:51 GMT, by
Precious metals have extended their losses overnight, pressured by the lack of investment demand due to the still-buoyant equities, low and stable inflation in the major economies and of course the s...
Technical Analysis for Major Currencies
Sep 22 09:34 GMT, by
EURUSD pair continued with the downside move that reached below 88.6% correction at 1.2885 showing on graph which favors extending bearishness to test the previous bottom 1.2745. The support 1.2785 i...
Technical Analysis for Crosses
Sep 22 09:33 GMT, by
After consolidating above 61.8% correction, the pair rushed sharply to the upside attempting to bring the overall upside move back, and confirm it by breaching the resistance of the downside move sho...
AUDUSD Towards More Downside
Sep 22 09:15 GMT, by
AUDUSD is back at the lows after recently completed sharp corrective wave (ii) at 0.9111 figure that now represents a new short-term critical level. We expect more downside, possibly within a wave (i...
Forex Technical Analysis
Sep 22 08:42 GMT, by
Current intraday rebound above 1.2825 should be considered corrective, preceding next wave downwards, to 1.2750 major support. Initial intraday resistance lies at 1.2896, followed by the crucial zone...
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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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