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Jul 27 03:41 GMT

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Daily Report: Aussie Volatile after CPI, Yen Reverses
Jul 27 03:37 GMT, by ActionForex.com
Australian dollar spikes higher after Q2 inflation data but reverses quickly. Headline CPI rose 0.4% qoq, 1.1% yoy versus expectation of 0.4% qoq, 1.1% yoy and Q1's -0.2% qoq, 1.3% yoy. RBA trimmed mean CPI rose 0.5% qoq, 1.7% yoy versus expectation of 0.4% qoq, 1.5% yoy and Q1's 0.2% qoq, 1.7% yoy. RBA weighted median CPI rose 0.4% qoq, 1.3% yoy ...

Technical Outlook

AUD/USD Daily Outlook
Some volatility is seen in AUD/USD today but it's staying in tight range above 0.7441 temporary low so far. Intraday bi... - Jul 27 03:37 GMT
EUR/USD Mid-Day Outlook
With 1.1059 minor resistance intact, further fall is still in favor to 1.0911 support. Break will extend the whole decl... - Jul 26 13:38 GMT
GBP/USD Mid-Day Outlook
Outlook in GBP/USD is unchanged that rebound from 1.2794 has likely completed at 1.3480 already. Deeper fall should be ... - Jul 26 13:36 GMT
USD/CHF Mid-Day Outlook
USD/CHF's rise resumes after some consolidation and outlook is unchanged. Further rise is still expected as long as 0.9... - Jul 26 13:34 GMT

Special Reports

ECB Left Rates Unchanged; Discussed about Backstop for NPLs
Jul 21 14:34 GMT
As widely anticipated, ECB left the deposit rate unchanged at -0.4% and the mai...
RBNZ Signals Rate Cut In Near Future
Jul 21 07:26 GMT
RBNZ in its unscheduled 'Economic Update' signaled a rate cut would adopted in ...
PBOC Permits More Renminbi Depreciation
Jul 19 10:59 GMT
PBOC lowers the renminbi fixing rate for a second consecutive day. At 6.6971, C...
All Special Reports >>

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Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Buy at 0.9880
As the greenback found renewed buying interest at 0.9835 and has rallied above last week's high of 0.9907, signaling the rise fro... - Jul 26 16:15 GMT
Trade Idea Wrap-up: GBP/USD - Stand aside
Despite intra-day brief fall to 1.3058, lack of follow through selling on break of previous support at 1.3064 suggests consolidat... - Jul 26 16:13 GMT
Trade Idea Wrap-up: EUR/USD - Stand aside
Although the single currency has retreated after intra-day brief bounce to 1.1030, break of yesterday's low at 1.0952 is needed t... - Jul 26 16:11 GMT
Trade Idea Wrap-up: USD/JPY - Sell at 105.35
The greenback has rebounded after intra-day initial fall to 103.99, suggesting consolidation above this level would be seen and r... - Jul 26 16:06 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

GBP/USD Candlesticks and Ichimoku Analysis
Cable has remained confined within recent established range and further co... - Jul 26 10:14 GMT
USD/CHF Candlesticks and Ichimoku Analysis
Although the greenback rose marginally higher to 0.9907 late last week, as... - Jul 26 09:35 GMT
EUR/USD Candlesticks and Ichimoku Analysis
Although the single currency fell again and slipped to 1.0952 earlier toda... - Jul 25 10:10 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Stand aside
Despite intra-day anticipated recovery to 0.8427, as the single currency has retreated again, retaining our view that further con... - Jul 26 15:43 GMT
Trade Idea: USD/CAD - Buy at 1.3150
The greenback has maintained a firm undertone after breaking indicated previous resistance at 1.3188, adding credence to our view... - Jul 26 15:32 GMT
Trade Idea: EUR/JPY - Sell at 116.00
Current selloff below support at 115.50 signals top has been formed at 118.47 last week and consolidation with downside bias is s... - Jul 26 11:01 GMT
Trade Idea: AUD/USD - Sell at 0.7600
Current rebound suggests further consolidation above last week's low at 0.7442 would be seen and upside risk remains for recovery... - Jul 26 10:45 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

GBP/USD Elliott Wave Analysis
Although cable slipped again after meeting resistance at 1.3291 late ... - Jul 26 12:16 GMT
GBP/CHF Elliott Wave Analysis
Sterling only recovered to 1.3208 before meeting resistance there and... - Jul 26 11:55 GMT
EUR/USD Elliott Wave Analysis
The single currency has remained under pressure after breaking suppor... - Jul 25 12:06 GMT
More Elliott Wave Weekly Analysis >>

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Last Updated: Jul 27 03:35 GMT

Action Bias

  Hourly 6 Hours Daily Weekly
EURUSD- NE- NE↓ DN↓ DN
USDJPY↑ UP- NE- NE- NE
GBPUSD↓ DN- NE- NE↓ DN
USDCHF- NE↑ UP- NE- NE
USDCAD- NE- NE↑ UP- NE
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Fundamental Analysis Reports

Traders Are Sitting On A Razors Edge
Jul 27 02:27 GMT, by MarketPulse
For the most part, it was a relatively quiet overnight session in risk. This relative calm is not surprising given the summer doldrums are setting in, and the proximity of the FOMC, which is material...
ACTION! The Week Truly Begins With Australian CPI
Jul 27 02:20 GMT, by Vantage FX
If you're only just settling down in front of your trading screens for the first time this week then you've timed yourself perfectly. In just a few hours, arguably the most important piece of the Aus...
Gold Ticks Higher as Markets Eye Fed Statement
Jul 26 15:35 GMT, by MarketPulse
Gold has edged higher on Tuesday, as the metal trades at a spot price of $1320.33 per ounce in the North American session. On the release front, US key indicators looked sharp, as CB Consumer Confide...
Crude Close to 13-week Lows, US Numbers Sparkle
Jul 26 15:34 GMT, by MarketPulse
US crude has posted slight losses on Tuesday, continuing the downward trend which started late last week. In the North American session, WTI/USD futures are trading at $42.85. Brent crude is trading ...
Depressed Oil Prices Weigh on Investor Sentiment
Jul 26 12:34 GMT, by ForexTime
WTI Crude tumbled to fresh three month lows at $42.56 during trading on Tuesday as the ongoing concerns over the persistent oversupply of oil in the global markets encouraged bears to install a round...
Aussie Punches Past 75, Australian CPI Next
Jul 26 12:32 GMT, by MarketPulse
The Australian dollar has posted gains on Tuesday, as AUD/USD is trading slightly above the 0.75 line. On the release front, it's a busy day, so traders should be prepared for possible volatility fro...
All Daily Fundamental Reports >>

Technical Analysis Reports

AUD/USD On Shaky Ground Ahead Of Key Australian CPI, US FOMC
Jul 27 02:25 GMT, by Forex.com
AUD/USD rebounded on Tuesday ahead of critical Australian inflation data scheduled for Wednesday morning in Australia, as well as the highly-anticipated FOMC rate decision out of the US on Wednesday ...
EUR/USD On The Verge Of Breakdown?
Jul 27 02:24 GMT, by Forex.com
EUR/USD has been trading in a relatively tight consolidation for the past month since the immediate aftermath of June’s Brexit vote, when the currency pair plunged sharply below a large parallel uptr...
AUDUSD - Bounce Above Daily/Weekly Cloud Base Generates Initial Reversal Signal
Jul 26 10:59 GMT, by Windsor Brokers Ltd
Fresh bullish acceleration broke back above strong daily/weekly cloud tops barriers at 0.7488/95 and signals formation of higher base at 0.7450 zone. Bullish signal was generated by reversing oversol...
USDJPY In Steep Fall After Falling Daily Cloud Capped Recovery
Jul 26 10:37 GMT, by Windsor Brokers Ltd
The pair lost strong supports at 105.40 (former consolidation low) and 104.61 (Fibo 38.2% of 99.97/107.47 upleg) on today's strong bearish acceleration that cracked round-figure 104.00 support so far...
Cable - Double Doji Signals Indecision As Strong 1.3055 Support Holds For Now
Jul 26 10:35 GMT, by Windsor Brokers Ltd
Cable left Doji candle yesterday, signaling indecision in the near-term trading, with today's attempts lower that tested important 1.3055 support (Fibo 61.8% of 1.2795/1.3474), being short-lived for ...
EURUSD Bounces Above 1.1000 On Corrective Move, Overall Bias Remains Negative
Jul 26 10:33 GMT, by Windsor Brokers Ltd
The Euro bounced back above 1.1000 handle, following repeated downside rejection at 1.0950. Yesterday’s bullish close and today’s extension higher suggests further correction, before fresh attempts l...
All Daily Technical Reports >>

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Long Term Forecasts

WTI Crude Oil A Year Ahead - Trends And Expectations 2016
Dec 24 11:45 GMT, by MarketPulse
The second half of 2014 saw a sharp drop in the price of WTI Crude Oil, which had traded at $105 a ...
DAX Year Ahead – Trends And Expectations 2016
Dec 24 11:11 GMT, by MarketPulse
It has been another testing year for the German economy but once again it has shown the kind of str...
British Pound Year Ahead - Brexit To Dominate 2016
Dec 22 12:49 GMT, by MarketPulse
This has been something of a turnaround year for the UK in which unemployment has fallen back to pr...
Gold for Bear Market?
Oct 13 13:23 GMT, by Merk Hard Currency Fund
A "bear market" is frequently defined as a decline of at least 20% in the S&P 500 index. Troubl...
Euro Area Outlook for 2015: Impact of Broad-Based QE
Jan 17 03:46 GMT, by Danske Bank
The expected ECB QE programme will support economic activity through a number of channels and hence...
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