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Dec 03 04:29 GMT

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US Session: Orders and Options Watch
Dec 02 15:02 GMT, by ActionForex.com
EUR: Euro retreated after meeting resistance at 1.0690, offers are still noted at 1.0690-00 (option related), 1.0730 and 1.0745-50, sell orders are reported at 1.0780 and 1.0800, selling interest is tipped at 1.0820 and 1.0850. On the downside, bids are seen at 1.0620-25 and 1.0600, buy orders are expected at 1.0580, 1.0550-55 and 1.0530, buying i...

Technical Outlook

GBP/USD Mid-Day Outlook
Intraday bias in GBP/USD remains on the upside for 61.8% projection of 1.1946 to 1.2673 from 1.2301 at 1.2750 first. Br... - Dec 02 14:00 GMT
USD/JPY Mid-Day Outlook
With 111.35 support intact, further rise is expected in USD/JPY. Current rally from 98.97 should target 61.8% retraceme... - Dec 02 13:47 GMT
EUR/USD Mid-Day Outlook
EUR/USD is still staying in consolidation pattern from 1.0518 and intraday bias remains neutral. Another recovery canno... - Dec 02 13:44 GMT
EUR/GBP Daily Outlook
EUR/GBP's fall from 0.9304 extended lower and hit fibonacci level at 0.8399 already. As such decline is viewed as a cor... - Dec 02 06:05 GMT

Special Reports

Chinese Manufacturing Activities Improved Further In November
Dec 02 04:54 GMT
The official manufacturing PMI for China climbed +0.5 point higher to 51.7 in N...
OPEC and Non-OPEC Agree to Cut, but Can This Really Boost Oil Prices?
Dec 01 15:30 GMT
To the market's surprise, OPEC announced to cut production to 32.5M bpd, the lo...
Quick Guide to Italian Referendum on Senate Reform
Nov 30 14:49 GMT
Following Brexit and Donald Trump's victory in US presidential election, the It...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
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Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Stand aside
Although the greenback slipped to 1.0071 in NY morning, as dollar recovered after holding above indicated support at 1.0060-68, s... - Dec 02 16:22 GMT
Trade Idea Wrap-up: GBP/USD - Stand aside
Although cable has continued edging higher after rebounding from 1.2560 and retest of this week's high at 1.2696 cannot be ruled ... - Dec 02 16:16 GMT
Trade Idea Wrap-up: EUR/USD - Stand aside
As the single currency has rebounded after finding support at 1.0625, suggesting another test of intra-day high of 1.0690 cannot ... - Dec 02 16:11 GMT
Trade Idea Wrap-up: USD/JPY - Stand aside
The greenback has slipped again after intra-day brief bounce above 114.00 level, suggesting temporary top has been formed at 114.... - Dec 02 16:04 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/JPY Candlesticks and Ichimoku Analysis
The single currency has surged again this week and has maintained a firm u... - Dec 02 09:39 GMT
USD/CAD Candlesticks and Ichimoku Analysis
The greenback ran into renewed selling interest earlier this week at 1.353... - Dec 02 08:53 GMT
EUR/GBP Candlesticks and Ichimoku Analysis
As the single currency has fallen again after brief recovery to 0.8579, ad... - Dec 01 10:03 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Stand aside
Although the single currency rebounded after falling to 0.8369, above 0.8500 is needed to suggest a temporary low is possibly for... - Dec 02 15:56 GMT
Trade Idea: USD/CAD - Sell at 1.3370
The greenback has dropped again today and broke below previous support at 1.3264, suggesting top has possibly been formed at 1.35... - Dec 02 15:35 GMT
Trade Idea: EUR/JPY - Hold short entered at 121.50
Although the single currency edged higher again today, as euro met resistance at 121.89 and has retreated, retaining our near ter... - Dec 02 09:59 GMT
Trade Idea: AUD/USD - Sell at 0.7530
Although aussie met resistance at 0.7498 and retreated, as price has recovered after holding above indicated support at 0.7360-65... - Dec 02 09:55 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/JPY Elliott Wave Analysis
The single currency only eased to 118.55 (Monday's low) before rising... - Dec 02 11:59 GMT
USD/CHF Elliott Wave Analysis
As the greenback retreated after marginal rise to 1.0205 earlier this... - Dec 02 11:46 GMT
EUR/GBP Elliott Wave Analysis
The single currency has fallen again after brief recovery, suggesting... - Dec 01 11:57 GMT
More Elliott Wave Weekly Analysis >>

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Last Updated: Dec 02 20:59 GMT

Action Bias

  Hourly 6 Hours Daily Weekly
EURUSD- NE- NE- NE↓ DN
USDJPY↓ DN- NE↑ UP↑ UP
GBPUSD↑ UP↑ UP↑ UP- NE
USDCHF- NE- NE- NE↑ UP
USDCAD- NE↓ DN↓ DN- NE
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Forex Brokers

Fundamental Analysis Reports

Market Review & Outlook: Mixed Jobs Report Keeps High Fed Expectations Intact
Dec 02 15:55 GMT, by Forex.com
As we noted the day before Friday's US jobs report, only a significantly worse-than-expected reading for November would have likely made the Federal Reserve's next interest rate decision more difficu...
Weekly Focus: ECB and EU Politics Back in the Spotlight
Dec 02 15:14 GMT, by Danske Bank
The global recovery is gathering pace and is likely to continue in 2017. Long-term yields are set to increase further with reflation, primarily in the US. Despite a fragile OPEC deal, oil price...
Fed Likely to Hike in December Despite Mixed Jobs Report for November
Dec 02 15:12 GMT, by Danske Bank
The jobs report for November was quite mixed. Employment grew 178,000 in November in line with the recent trend and without any major revisions to previous months. The unemployment rate fell again...
U.S. November Payroll Employment Rises 178K
Dec 02 15:10 GMT, by RBC Financial Group
The continuation of solid employment gains is encouraging as it indicates that businesses remain sufficiently confident about the economic outlook that they are prepared to invest in more workers. As...
Canada Employment Unexpectedly Rose in November
Dec 02 15:09 GMT, by RBC Financial Group
The unexpected rise in hiring in November marked the fourth consecutive increase and while the drop in full-time employment was disappointing, the share of people working part-time who'd prefer to be...
Trump Effect Wont be Beat by NFP
Dec 02 12:42 GMT, by MarketPulse
It's non-farm payroll (NFP) day and the event risk is not for a stronger number, that's been covered ad nauseam, but for such a disappointing headline print that will unravel some of the baked in Fed...
All Daily Fundamental Reports >>

Technical Analysis Reports

EUR/USD Steady ahead of NFP
Dec 02 12:44 GMT, by Forex.com
Now today's focus is on the US jobs report which should cause noticeable volatility in the markets, especially if the numbers deviate from expectations by a sizeable margin. It would take a really ba...
EUR/USD Approaches 1.07 Mark
Dec 02 10:19 GMT, by Dukascopy Swiss FX Group
The common European currency surged against the Greenback on Friday morning, as it was on its way to the resistance put up by the January low level at 1.0709. Previously, during Thursday's trading se...
GBP/USD Risks Erasing Most Of Weekly Gains
Dec 02 10:18 GMT, by Dukascopy Swiss FX Group
The Sterling experienced a strong boost from news that UK might retain access to the European market despite ‘Brexit', allowing the 1.27 level to be reached on Thursday. However, strong US fundamenta...
USD/JPY In Limbo Around 114.00, Awaits NFP Data
Dec 02 10:16 GMT, by Dukascopy Swiss FX Group
As was anticipated, the USD/JPY currency pair underwent a small corrective decline, but remained in a tight range between the immediate support and resistance levels. The Buck is now expected to rall...
Gold Attempts A Rebound On Friday
Dec 02 10:15 GMT, by Dukascopy Swiss FX Group
The yellow metal's price had slightly surged on Friday morning, as the bullion had touched the 1,177.62 mark. However, the metal reached the upper trend line of a short term descending channel patter...
AUDUSD Trades In Extended Recovery From 0.7370, Strong Resistance At 0.7450 In Focus
Dec 02 09:41 GMT, by Windsor Brokers Ltd
Aussie remains supported in Asia today, following bullish close on Thursday after finding footstep at 0.7370 zone. N/t action is attempting to sustain gains above 0.7400 handle (weekly cloud top) for...
All Daily Technical Reports >>

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Long Term Forecasts

DAX 6 Month Outlook 2016 H2
Aug 18 14:12 GMT, by MarketPulse
DAX 6 Month Outlook 2016 H2 What impact has Brexit had on Germany? It's still too early to determ...
AUD/USD Australian Dollar 6 Month Outlook 2016 2H
Aug 02 15:28 GMT, by MarketPulse
The RBA seems to be little concerned by Brexit and believes it's far too soon to pass judgment on t...
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...
All Long Term Forecasts >>
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