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Apr 21 14:46 GMT

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US Session: Orders and Options Watch
Apr 17 14:37 GMT, by ActionForex.com
EUR: Although euro rebounded to 1.3865 and offers at 1.3850-55 were filled, fresh sell orders emerged at 1.3865 and the single currency has retreated again in NY morning, sell orders are still noted at 1.3865-75 and in good size at 1.3890-00 (more stops above figure), fresh selling interest should emerge around 1.3920 and 1.3940-50, stops are loca...

Technical Outlook

EUR/USD Daily Outlook
Intraday bias in EUR/USD stays neutral as the consolidation from 1.3905 temporary top continues. We'd holding on to the... - Apr 17 09:06 GMT
GBP/USD Daily Outlook
GBP/USD's rally extends higher and the break of 1.6822 indicates that whole rise form 1.4813 has resumed. Intraday bias... - Apr 17 09:04 GMT
USD/CHF Daily Outlook
Intraday bias in USD/CHF remains neutral as consolidation from 0.8742 continues. Upside of the recovery is expected to ... - Apr 17 08:59 GMT
USD/JPY Daily Outlook
No change in USD/JPY's outlook. While recovery from 101.32 might extend higher, we'd expect strong resistance below 104... - Apr 17 08:57 GMT

Special Reports

BOC Stands On The Sideline, Warned Of Risks Of Low Inflation
Apr 17 05:20 GMT
As widely anticipated, the BOC left the policy rate unchanged at 1%. Policymake...
RBA Minutes Maintains Neutral Policy Stance
Apr 15 05:25 GMT
The RBA minutes for the April meeting echoed the neutral stance of policymakers...
Headline Chinese Trade Data Distorted by Over-Invoicing Last Year
Apr 10 12:17 GMT
Chinese trade data surprised to the downside as exports surprisingly contracted...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
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Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Stand aside
Despite intra-day retreat to 0.8780, as the greenback has rebounded again after failing to penetrate this support, suggesting f... - Apr 17 15:38 GMT
Trade Idea Wrap-up: GBP/USD - Stand aside
Despite intra-day breach of indicated resistance at 1.6820-23, lack of follow through buying and the subsequent retreat from 1.... - Apr 17 15:35 GMT
Trade Idea Wrap-up: EUR/USD - Hold long entered at 1.3835
As the single currency has retreated after intra-day rebound to 1.3865, suggesting further choppy consolidation would be seen b... - Apr 17 15:30 GMT
Trade Idea Wrap-up: USD/JPY - Stand aside
Although the greenback has rebounded again after holding above the Ichimoku cloud top and another test of yesterday's high of 1... - Apr 17 15:23 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

NZD/USD Candlesticks and Ichimoku Analysis
Although kiwi did find renewed buying interest at 0.8514 earlier this mo... - Apr 16 07:20 GMT
AUD/USD Candlesticks and Ichimoku Analysis
Although aussie extended recent upmove to 0.9461 last week, the quick re... - Apr 16 07:17 GMT
GBP/USD Candlesticks and Ichimoku Analysis
Although the British pound did rally last week in line with our bullish ex... - Apr 15 06:21 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Stand aside
Although the single currency has remained under pressure and marginal weakness from here cannot be ruled out, still reckon down... - Apr 17 15:08 GMT
Trade Idea: USD/CAD - Hold long entered at 1.0890
Despite yesterday's rise to 1.1034, as the greenback has retreated again, suggesting minor consolidation would be seen but as l... - Apr 17 14:44 GMT
Trade Idea: EUR/JPY - Sell at 142.20
As the single currency has rebounded again after finding support at 140.99, suggesting near term upside risk remains for test o... - Apr 17 09:35 GMT
Trade Idea: AUD/USD - Buy at 0.9260
Although aussie recovered after falling to 0.9332 yesterday, reckon 0.9426 would limit upside and near term downside risk remai... - Apr 17 09:31 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/GBP Elliott Wave Analysis
Although the single currency has remained under pressure and margin... - Apr 17 11:38 GMT
USD/CAD Elliott Wave Analysis
Although the greenback has rebounded after falling to 1.0858 last w... - Apr 17 11:34 GMT
AUD/USD Elliott Wave Analysis
Despite last week's rise to 0.9461, as aussie has retreated this we... - Apr 16 09:37 GMT
More Elliott Wave Weekly Analysis >>

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Last Updated: Apr 21 14:40 GMT

Action Bias

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

Fundamental Analysis Reports

EU Market Update: Easter Monday Keeps Markets Subdued; EUR/USD Holds above 1.38
Apr 21 11:08 GMT, by Trade The News
Major equity markets across Europe including Germany, UK, France, Spain, Italy, and Switzerland were closed for the Easter Monday holiday. Russia is only on major European market open today. The MICE...
Fewer Economic Indicators Scheduled For The Current Week
Apr 21 10:58 GMT, by Admiral Markets
Last week, US Dollar regained its strength against majority of its counterparts backed by improvement in economic indicators. Moreover, news of Barclay's, the commodity giant, intention to roll back ...
Geopolitical Concerns On Alert During Easter
Apr 21 10:57 GMT, by MarketPulse
The confrontation in Ukraine continues to keep investors on edge over this long European holiday weekend. The situation remains precarious despite the unexpected four-party agreement in Geneva last w...
Japan Merchandise Trade Deficit Widens Again; Geneva Agreement on Ukraine Dented by Sunday Shootout
Apr 21 08:38 GMT, by Trade The News
Nikkei225 is up for the 4th consecutive session, outperforming among the key regional indices in the wake of fresh round of selling in Japanese yen. Investors are treating the latest disappointment i...
Weekly Economic and Financial Commentary
Apr 19 09:08 GMT, by Wells Fargo Securities
After a couple of months of disappointing economic data, indicators for March have begun to reflect more robust rates of economic activity. Retail sales posted a sizable 1.1 percent jump for the mont...
The Weekly Bottom Line
Apr 18 07:04 GMT, by TD Bank Financial Group
Following last week's sell off, equity markets regained some ground this week. Economic data was relatively positive with industrial production in particular showing a strong bounce back from its win...
All Daily Fundamental Reports >>

Technical Analysis Reports

USD/JPY: Will the Recovery Continue?
Apr 21 12:41 GMT, by Forex.com
It's been a rather subdued start to this week's trade, with most major global markets closed for Easter Monday. That said, we have seen the USD/JPY continue to rally, carrying over the some of the st...
USDCHF: Recovers Higher, Threatens Price Extension
Apr 21 02:57 GMT, by FXTechstrategy
USDCHF: The pair closed higher the past week after halting its one-week weakness. This has opened the door for further upside possibly towards the 0.8924 level in the new week with a cut through here...
EURUSD: Faces Bear Threats
Apr 21 02:56 GMT, by FXTechstrategy
EURUSD: With the pair closing lower the past week, a continuation of that weakness is envisaged in the new week. Support lies at the 1.3779 level where a break will aim at the 1.3737 level followed b...
AUD/JPY: Could Improving Risk Sentiment Drive Us to New 11-Month Highs?
Apr 18 06:55 GMT, by Forex.com
The AUD/JPY surged higher in the latter half of march, rising all the way from the mid-March low near 91.00 to peak near 96.50 earlier this month. As we all know, markets never move in a straight lin...
EUR/USD: Bearish Pattern Projects Possible Near-Term Top at 1.3860, 1.3680
Apr 17 14:02 GMT, by Forex.com
Since reaching a nadir below 1.3800 on Tuesday, the EUR/USD has stubbornly rallied back to the week's highs as traders try to call the bluff of the ECB. As my colleague Kathleen Brooks outlined ear...
Technical Update - AUDUSD, NZDUSD, USDCHF
Apr 17 13:17 GMT, by Admiral Markets
On Wednesday, the US Dollar registered minor gains against NZD and CHF as the US industrial production grew more than expected by market participants. The US Dollar, however, gave up its early gains ...
All Daily Technical Reports >>

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Long Term Forecasts

AUD/USD - 2013 In Review
Jan 02 02:25 GMT, by MarketPulse
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 MarketPulse
The Canadian dollar looked sharp as we began 2013, but struggled badly late in the year, as the cur...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by MarketPulse
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
GBP/USD - 2013 In Review
Dec 26 02:30 GMT, by MarketPulse
The Bank of England revised its growth forecast for 2013 to 1.6%, up from 1.4% in a previous foreca...
EUR/USD - 2013 in Review
Dec 25 13:46 GMT, by MarketPulse
The ECB is expecting better news in 2014, with the Eurozone economy expected to post growth of 1%. ...
All Long Term Forecasts >>
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