ActionForex.com
Aug 28 09:26 GMT

Sponsors

Forex Expos

Action Insight

European Session: Orders and Options Watch
Aug 28 09:18 GMT, by ActionForex.com
EUR: The single currency has recovered in European morning and offers at 1.1300 were filled, however, sell orders are still noted at 1.1325, 1.1340 and 1.1355-60, more selling interest is tipped at 1.1380, 1.1400 and 1.1425, mixture of offers and stops is located at 1.1450. On the downside, bids are now seen at 1.1265-70 and 1.250, buy orders are ...

Technical Outlook

USD/JPY Mid-Day Outlook
Intraday bias in USD/JPY stays neutral for consolidation above 116.13 temporary low. Upside of recovery should be limit... - Aug 27 14:10 GMT
USD/CHF Mid-Day Outlook
At this point, we'd still expect strong resistance from 61.8% retracement of 0.9902 to 0.9256 at 0.9655 to limit upside... - Aug 27 14:07 GMT
GBP/USD Mid-Day Outlook
Fall from 1.5817 extends lower today and intraday bias remains on the downside. Break of 1.5329 support will confirm re... - Aug 27 13:58 GMT
EUR/USD Mid-Day Outlook
EUR/USD's fall from 1.1713 extends lower today and the deeper than expected fall is starting to argue for a case of rev... - Aug 27 13:54 GMT

Special Reports

Limited Impacts Expected from PBOC's Belated Easing
Aug 26 12:52 GMT
PBOC cut its policy rates by -25 bps, taking the benchmark one-year lending rat...
Fed's Rate Hike Speculations Shrank. Less Likely to Hike Rates in September
Aug 26 12:41 GMT
The China-led global financial market crash has made the case of a September Fe...
Euro Glitters In Global Financial Market Crash
Aug 25 06:45 GMT
Concerns over China's economic growth slowdown have intensified over the past 2...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
Email:

Candlesticks Intraday Trade Ideas

Trade Idea : USD/CHF - Buy at 0.9515
As the greenback has retreated after rising to 0.9673 yesterday, suggesting minor consolidation below this level would be seen an... - Aug 28 08:34 GMT
Trade Idea: GBP/USD - Hold long entered at 1.5375
As the British pound has retreated from 1.5443 in part due to cross-selling in sterling, suggesting further consolidation would b... - Aug 28 08:29 GMT
Trade Idea: EUR/USD - Sell at 1.1370
As the single currency has recovered after falling to 1.1203 yesterday, suggesting consolidation above this level would be seen a... - Aug 28 08:26 GMT
Trade Idea: USD/JPY - Stand aside
Although yesterday's break of 120.40 resistance confirms the rise from 116.16 (this week's low) is still in progress and near ter... - Aug 28 08:20 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/GBP Candlesticks and Ichimoku Analysis
Current anticipated rally after finding renewed buying interest at 0.7026 ... - Aug 27 07:53 GMT
EUR/CHF Candlesticks and Ichimoku Analysis
Although the single currency rebounded after finding support at 1.1713, ab... - Aug 27 07:50 GMT
AUD/JPY Candlesticks and Ichimoku Analysis
Aussie tumbled after meeting renewed selling interest at 92.70 earlier thi... - Aug 26 08:52 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Buy at 0.7230
As the single currency has retreated after meeting resistance at 0.7364, retaining our view that further consolidation would be s... - Aug 27 15:04 GMT
Trade Idea: USD/CAD - Stand aside
As the greenback has rebounded after finding support at 1.3187, suggesting near term upside risk remains and test of resistance a... - Aug 27 14:58 GMT
Trade Idea: EUR/JPY - Sell at 136.90
As the single currency has dropped again after meeting renewed selling interest at 137.61 yesterday, adding credence to our view ... - Aug 27 08:27 GMT
Trade Idea: AUD/USD - Sell at 0.7250
As aussie has rebounded after finding support at 0.7070, suggesting further consolidation above this week's low at 0.7043 would b... - Aug 27 08:23 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/GBP Elliott Wave Analysis
Euro's anticipated rally after finding renewed buying interest at 0.7... - Aug 27 08:44 GMT
USD/CAD Elliott Wave Analysis
Although the greenback continued to move higher after recent resumpti... - Aug 27 08:37 GMT
EUR/CHF Elliott Wave Analysis
Although the single currency retreated after rising to 1.0962 earlier... - Aug 26 10:16 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: Aug 28 09:20 GMT

Action Bias

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

Forex Brokers

Fundamental Analysis Reports

Gold Rises, Yet Set For Its Biggest Weekly Decline In A Month
Aug 28 08:42 GMT, by ICN.com
Precious-Gold rose on Friday amid speculations the Fed would not raise interest rates next month despite the release of upbeat U.S. second-quarter growth data. The yellow metal hit a high of $1132.91...
USD Broadly Lower Ahead Of Inflation Report And Jackson Hole Symposium
Aug 28 08:14 GMT, by Swissquote Bank SA
Regional equity markets are on the rise in Asia-Pacific as strong growth number from the US and a less volatile environment heightened traders' interest for riskier assets. Mainland Chinese shares ar...
Dollar Extends Recovery
Aug 28 08:00 GMT, by KBC Bank
Yesterday, the dollar still profited from an ongoing risk-on sentiment and good US eco data. The data flow today might still be USD supportive and slightly euro negative. The global context will of c...
USD Bulls Reinvigorated On Data Dependency
Aug 28 07:50 GMT, by ForexTime
The USD showed resilience deep into yesterday’s session as its appreciation was felt across the corners of the FX markets. The polarity change experienced at the start of the trading week rebalanced ...
French Business Climate Improves, Spain's Economy Grows 1% In Q2
Aug 28 07:32 GMT, by Dukascopy Swiss FX Group
Business morale in France rose to the highest level in four years amid low oil prices and a weaker Euro. Business confidence index climbed to 100 in August, the highest reading since 2011, according ...
US Economy Grows 3.7% In Q2, Jobless Claims Drop
Aug 28 07:26 GMT, by Dukascopy Swiss FX Group
The US economy grew more than previously estimated in the second quarter, supported by robust consumer and business spending. The world's number one economy expanded at an annual rate of 3.7% in the ...
All Daily Fundamental Reports >>

Technical Analysis Reports

EUR/USD Loses Steam, Drops Below 1.13
Aug 28 09:17 GMT, by Dukascopy Swiss FX Group
Support at 1.1295/62 failed to produce any bullish momentum for long traders on Thursday. As a result, the pair slumped below both of these technical levels to trade around 1.1240 by Friday morning, ...
GBP/USD On The Edge Of Reaching Two-Month Low
Aug 28 09:14 GMT, by Dukascopy Swiss FX Group
The Cable dropped to the lowest in the last six weeks yesterday, with the immediate support cluster barely holding the losses. The Greenback weighed on the Sterling, amid much better-than-expected GD...
USD/JPY Keeps Trying To Rise Above 121.00
Aug 28 09:13 GMT, by Dukascopy Swiss FX Group
The USD/JPY currency pair behaved in accordance with the forecast, as it surged and stabilised at the 200-day SMA at 121.03. However, the tide might turn today, with the resistance cluster around 121...
XAU/USD Stuck In The Vicinity Of 1,125
Aug 28 09:12 GMT, by Dukascopy Swiss FX Group
Gold failed to consolidate below the 1,125 support mark reinforced by the weekly S1 on Aug 27. Therefore, bulls may count on a recovery in the near-term; however, a successful testing of resistance c...
Today's Market Outlook
Aug 28 08:07 GMT, by Windsor Brokers Ltd
The Euro consolidates above fresh low at 1.1201, posted yesterday, on extension of pullback from 1.1712, 24 Aug peak. The third consecutive daily close in red, formed reversal pattern that suggests f...
GBPUSD Trades Lower In 5 Wave Structure
Aug 28 08:05 GMT, by Elliott Wave Financial Service
We had a strong fall on this pair during yesterday trading confirming our possible impulse 5 wave development. Pair made complete 5 wave structure and we are looking here for a ABC pullback in the wa...
All Daily Technical Reports >>

Analysis Report Search

Central Bank Analysis
Economic Data Reviews
Technical Analysis

Long Term Forecasts

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...
When Will the Bank of England Hike Rates?
Aug 16 08:33 GMT, by Wells Fargo Securities
In the first report of a two-part series on the outlook for Bank of England (BoE) monetary policy, ...
Growth in China Appears to Be Stabilizing
Jul 19 08:05 GMT, by Wells Fargo Securities
The year-over-year rate of real GDP growth in China edged up to 7.5 percent in Q2 from 7.4 percent ...
FX Forecast Update: Negative Rates and Liquidity Tools to Weaken the Euro
Jun 14 03:24 GMT, by Danske Bank
The ECB delivered more easing than expected at its rate meeting in June by cutting both the refi an...
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...
All Long Term Forecasts >>
ActionForex.com © 2015 All rights reserved.