ActionForex.com
Feb 09 07:34 GMT

Sponsors

Forex Expos

Action Insight

Daily Report: Yen Surges Further as Markets in Full Risk Averse Mode
Feb 09 04:32 GMT, by ActionForex.com
Yen extends broad based rally together with Swiss Franc as the financial markets are in full risk averse mode. DJIA dived to as low as 15803.55 overnight before paring some loss to close at 16027.05, down -117.92 pts or -1.1%. Nikkei followed and is trading down -836.09 pts or -4.92% at the time of writing. Australia ASX 200 is also down -125.9 pt...

Technical Outlook

EUR/GBP Daily Outlook
The break of 0.7754 resistance indicate resumption of recent rise from 0.6935. Intraday bias is back on the upside for ... - Feb 09 07:15 GMT
EUR/AUD Daily Outlook
Intraday bias in EUR/AUD remains mildly on the upside for 1.6074 resistance. Break will extend recent rally from 1.4347... - Feb 09 07:11 GMT
EUR/CHF Daily Outlook
Price actions from 1.1198 are viewed as a corrective pattern. Thus, in case of deeper pull back, we'd expect downside t... - Feb 09 07:08 GMT
GBP/JPY Daily Outlook
The strong break of 168.55 minor support confirmed that recovery from 163.96 is finished at 175.01 already. Intraday bi... - Feb 09 05:17 GMT

Special Reports

BOE United Again To Keep Policy Rate On Hold. GDP And Inflation Forecasts Downgraded
Feb 05 06:02 GMT
Joining the more dovish stance of other central banks in the advanced economy, ...
FX 2016: Avoid Illusioned By Near-Term Euro Strength
Feb 04 09:42 GMT
EURUSD has breached the upper boundary of recent trading range. Rather than imp...
RBA Keeps Its Powder Dry, Leaves Door Open For Rate Cut
Feb 02 04:52 GMT
As universally expected, the RBA left the cash rate unchanged at 2% in February...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
Email:

Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Buy at 0.9935
As the greenback has staged a strong rebound after intra-day brief fall to 0.9882 on dollar's broad-based strength, suggesting co... - Feb 05 15:48 GMT
Trade Idea Wrap-up: GBP/USD - Sell at 1.4550
As cable has slipped again after intra-day brief bounce to 1.4593, adding credence to our view that top has possibly been formed ... - Feb 05 15:42 GMT
Trade Idea Wrap-up: EUR/USD - Sell at 1.1175
Despite intra-day brief rise to 1.1249, lack of follow through buying on break of resistance at 1.1239 and current retreat below ... - Feb 05 15:31 GMT
Trade Idea Wrap-up: USD/JPY - Buy at 116.85
As the greenback has rebounded after intra-day brief fall to 116.29, suggesting consolidation above this level would be seen with... - Feb 05 15:25 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/JPY Candlesticks and Ichimoku Analysis
Euro's anticipated rebound from 126.17 adds credence to our view that a te... - Feb 05 09:40 GMT
USD/CAD Candlesticks and Ichimoku Analysis
The greenback only recovered to 1.4326 before dropping again, adding crede... - Feb 05 09:07 GMT
EUR/GBP Candlesticks and Ichimoku Analysis
As the single currency has retreated again after meeting resistance at 0.7... - Feb 04 09:02 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Buy at 0.7645
Euro's strong rebound after holding above support at 0.7526 signals the pullback from 0.7756 has ended there and bullishness is s... - Feb 05 14:57 GMT
Trade Idea: USD/CAD - Exit short entered at 1.3800
Despite yesterday's fall to 1.3639, the subsequent rebound from there suggests a minor low has been formed there and consolidatio... - Feb 05 14:52 GMT
Trade Idea: EUR/JPY - Hold long entered at 130.45
As the single currency has retreated after meeting resistance at 131.66 yesterday, suggesting further consolidation would be seen... - Feb 05 10:18 GMT
Trade Idea: AUD/USD - Stand aside
As aussie has retreated after rising to 0.7243 yesterday, suggesting consolidation below this level would be seen and pullback to... - Feb 05 10:15 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/JPY Elliott Wave Analysis
Euro's rebound after holding above previous support at 126.09 suggest... - Feb 05 10:41 GMT
USD/CHF Elliott Wave Analysis
Although the greenback edged higher to 1.0256 last week, the subseque... - Feb 05 10:31 GMT
EUR/GBP Elliott Wave Analysis
The single currency remained confined within near term established ra... - Feb 04 10:43 GMT
More Elliott Wave Weekly Analysis >>

Trade Ideas Search

Candlesticks Trades
Elliott Wave Trades

Markets Volatility

Pivot Points

Currency Heat Map (Daily)

USD EUR JPY GBP CHF
USD      
EUR      
JPY      
GBP      
CHF      

Last Updated: Feb 09 07:25 GMT

Action Bias

  Hourly 6 Hours Daily Weekly
EURUSD- NE- NE↑ UP↑ UP
USDJPY- NE↓ DN↓ DN↓ DN
GBPUSD- NE- NE- NE- NE
USDCHF- NE↓ DN↓ DN- NE
USDCAD- NE↑ UP- NE- NE
Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Fundamental Analysis Reports

AUD/USD: Aussie Trading On A Weaker Footing, Ahead Of Australia's Westpac Consumer Confidence Data
Feb 09 06:36 GMT, by GCI Financial
The pair is expected to find support at 0.6990, and a fall through could take it to the next support level of 0.6949. The pair is expected to find its first resistance at 0.7101, and a rise through c...
EUR/USD: Euro Trading On A Stronger Footing, Ahead Of Germany's Trade Balance Data
Feb 09 06:35 GMT, by GCI Financial
The pair is expected to find support at 1.1120, and a fall through could take it to the next support level of 1.1028. The pair is expected to find its first resistance at 1.1272, and a rise through c...
GBP/USD: Pound Trading Tad Lower, Ahead Of UK's Total Trade Balance Data
Feb 09 06:34 GMT, by GCI Financial
The pair is expected to find support at 1.4333, and a fall through could take it to the next support level of 1.4244. The pair is expected to find its first resistance at 1.4530, and a rise through c...
USD/JPY: Japanese Yen Extends Its Gains In The Asian Session
Feb 09 06:33 GMT, by GCI Financial
The pair is expected to find support at 113.27, and a fall through could take it to the next support level of 112.07. The pair is expected to find its first resistance at 116.60, and a rise through c...
USD/CHF: Swiss Franc Trading On A Stronger Footing, Ahead Of Switzerland's Unemployment Rate Data
Feb 09 06:31 GMT, by GCI Financial
The pair is expected to find support at 0.9782, and a fall through could take it to the next support level of 0.9725. The pair is expected to find its first resistance at 0.9935, and a rise through c...
USD/CAD: Loonie Trading Lower This Morning
Feb 09 06:30 GMT, by GCI Financial
The pair is expected to find support at 1.3860, and a fall through could take it to the next support level of 1.3780. The pair is expected to find its first resistance at 1.3999, and a rise through c...
All Daily Fundamental Reports >>

Technical Analysis Reports

Daily FX Report
Feb 09 07:20 GMT, by Varengold Bank
Stock indexes worldwide tumbled on Monday, led by banking stocks in Europe and technology stocks on Wall Street on persisting fears of a global economic slowdown. Wall Street continued Friday's techn...
Daily Technical Outlook And Review
Feb 09 05:58 GMT, by IC Markets
During the course of Monday's sessions, the pair remained locked between two psychological boundaries 1.1100/1.1200. As we mentioned in yesterday's report, the weekly timeframe can be seen trading wi...
USDJPY - Sees Further Price Extension
Feb 09 03:45 GMT, by FXTechstrategy
USDJPY - The pair sold off further on Monday and followed through lower during early trading on Tuesday. This development leaves risk of more weakness on the cards. However, beware of a correction. O...
Market Morning Briefing
Feb 09 03:43 GMT, by Kshitij Consultancy Services
The global credit market scare and the renewed fear of inflation slowdown in US are taking the global sentiment to a heightened state of risk aversion. Naturally, the classical safe havens of Gold (1...
Daily Technical Analysis
Feb 09 03:24 GMT, by FX Instructor
The EURUSD attempted to push lower yesterday bottomed at 1.1086 but whipsawed to the upside, closed higher at 1.1192 and hit 1.1211 earlier today. The bias is bullish in nearest term retesting 1.1240...
GBPUSD - Looks To Weaken More On Bearishness
Feb 09 02:41 GMT, by FXTechstrategy
GBPUSD - Having declined on further weakness during Monday trading session, GBPUSD looks to weaken more on bearishness. On the downside, support lies at the 1.4350 level where a break will turn atten...
All Daily Technical Reports >>

Analysis Report Search

Central Bank Analysis
Economic Data Reviews
Technical Analysis

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...
All Long Term Forecasts >>
ActionForex.com © 2016 All rights reserved.