31-10-2014 - Morning30-10-2014 - Afternoon30-10-2014 - Morning29-10-2014 - Afternoon29-10-2014 - Morning28-10-2014 - Afternoon28-10-2014 - Morning27-10-2014 - Afternoon27-10-2014 - Morning24-10-2014 - Afternoon24-10-2014 - Morning23-10-2014 - Afternoon23-10-2014 - Morning22-10-2014 - Afternoon

Dukascopy Forex Overview: 31-10-2014 - Morning

Dukascopy Bank analytic desk report
Published: 31/10/2014 08:45
Dukascopy Forex Community TV
12:30 GMT Research Webinar. >>
1. Fun Halloween Quizz
2. News Release - Canada GDP m/m
3. Market Research
4. Trade Pattern Idea.
Dukascopy Technical Analysis
EUR/USD falls below 1.26
"I don’t think there’s any question that compared to Europe or Japan we’re looking pretty good here. But relative to our own standards and history, we’re still in a disappointing expansion."
- analyst at J.P.Morgan Chase (based on Wall Street Journal)
It seems that the Euro/Dollar cross resumed its long-term downward trend, since it declined further yesterday and surpassed the major level at 1.26.  
More Broadcasts Read Full Report
Dukascopy Fundamental Analysis
"Over the past three years, there have been significant reforms to the labor market, the pension system, fiscal framework and financial sector. While implementation of some reforms will continue, we do not expect any major new structural changes before the general elections in 4Q 2015."
- Fitch
The number of unemployed people in Europe’s biggest economy unexpectedly plummeted, while jobless rate stayed unchanged at 6.7%.
Expert Commentary
"To my mind, there is a serious risk that the Swiss Franc could appreciate out of hand, as it did a few years ago."
- Banco Bilbao Vizcaya Argentina SA on Swiss economy
We have got the EUR/CHF trading about where it is now at the end of the year. So we are looking for the floor to survive, therefore we have 1.21 for the end of 2014 and 1.2450 for the end of 2015. Our base case scenario is that the SNB is able to massage a higher spot rate over the course of the next year, and they could successfully defend the floor. >>
Read Full Report Read More
Press Review
Riksbank and ECB: reverse asymmetry
The Swedish central bank just lowered interest rates to zero because of deflation risks. This action comes after ignoring repeated warnings...
Market Research
Currency Index & Volatility: GBP
The British currency traded in a rather calm environment during the October 22-29 time period, even though sometimes it managed to either gain strong value or decline considerably.
Read Full Report Read Full Report
Dukascopy Bank Sentiment Index
September release
September’s release of Dukascopy Sentiment Index report shows that professors around the world remain pat on the global sentiment, as the corresponding short and long-term gauges were unchanged from the previous month. The index stayed at 0.59 and 0.69 for the six-month and three-year outlooks, respectively.
Global Stock Market Review
European stock markets surged during October 20-24 week
Equity market in Europe jumped considerably during the previous trading week, as positive fundamental data influenced stock markets in a bullish way, pushing it to trade in the green zone. Eurozone’s manufacturing PMI increased last month, even despite negative expectations; however, French manufacturing and services sectors slipped further.
Read Full Report Read Full Report
Commodity Overview
Precious Metals Decline Slightly on US Interest Rate Speculation
Gold’s advance has been halted, after rising in value for two straight weeks, with a slight 0.58% retreat. On Monday the metal continued its previous success by climbing higher on bets that the Fed will delay raising US interest rates on global economic uncertainty. Moreover; Tuesday came with new highs, namely a five-week high at $1,251.7 an ounce, as traders pushed back forecasts for a rate increase by the Fed.
Trade Pattern Idea
CAD/CHF Emerging Pattern: Rising Wedge
After hitting the lowest level since August on 16th of October at 0.8319, CAD/CHF started reversing the recent losses. >>

Weekly XAU/USD Emerging Pattern: Channel Down
Since XAU/USD approached 1,400 in March, the bears have been in control of the market—the price has declined beneath the 1,250 level. >>
Read Full Report Read More
Economic Research

Forecasting Models for Exchange Rate
It is estimated that there are more than 100 prediction methods, and sometimes the diversity makes it difficult to choose the one that would do the trick. In our new research we try and compare a few of the most popular techniques, and see if they are in fact suitable for forecasting currency exchange rates.
Dukascopy Aggregate Technical Indicator
Dukascopy Bank presents a new research product - the aggregate technical indicator. The new tool will indicate the strongest signals on major currency pairs. Dukascopy Aggregate Technical Indicator for 30 min, 1H, 4H and 1D time frame charts for major pairs for the last 144 periods till 08:30 GMT.
Read Full Report Read Full Report
This overview can be used only for informational purposes. Dukascopy Bank SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.

Contacts   Hot Links   Search
Dukascopy Bank SA
Route de Pre-Bois 20, ICC, Entrance H,1215 Geneva 15, Switzerland
tel: +41 22 799 4888, fax: +41 22 799 4880
Site Map
Report an issue
© 1998-2014 Dukascopy® Bank SA