ActionForex.com
Mar 06 07:28 GMT

Sponsors

Forex Expos

Action Insight

Mid-Day Report: Euro Extends Down Trend after Knee Jerk Reactions to ECB Draghi
Mar 05 14:24 GMT, by ActionForex.com
ECB left policies unchanged as widely expected. Euro was originally lifted by the positive projections. However, the common currency quickly reversed as Draghi said that bond yields could fall to ECB's deposit rate, which is -0.2%. ECB president Draghi said that the central bank will start purchasing government bonds on March as part of the EUR 1....

Technical Outlook

EUR/USD Mid-Day Outlook
EUR/USD's down trend continues after brief recovery and reaches as low as 1.1006 so far. Intraday bias remains on the d... - Mar 05 14:53 GMT
EUR/JPY Mid-Day Outlook
Intraday bias in EUR/JPY remains on the downside for the moment. Corrective rise from 130.13 should have already comple... - Mar 05 14:35 GMT
GBP/USD Mid-Day Outlook
Intraday bias in GBP/USD remains on the downside for the moment. As noted before, corrective rebound from 1.4950 has co... - Mar 05 14:33 GMT
USD/JPY Mid-Day Outlook
USD/JPY rises mildly today but is still staying below 120.46 resistance. Intraday bias remains neutral first. Overall, ... - Mar 05 14:29 GMT

Special Reports

ECB Unveiled Details Of Additional QE, Raised Growth Outlook
Mar 06 02:02 GMT
The ECB unveiled details of how the additional QE program would be implemented....
BoC Left Rate Unchanged, Stance More Neutral
Mar 05 02:32 GMT
As expected, the BOC left the monetary policy unchanged in March, following a s...
China Watch: Flash PMI Signaled Manufacturing Activities Expanded. Deflation Risks Heightened, An Official Warned
Feb 25 10:36 GMT
China's flash manufacturing PMI by HSBC surprisingly drifted back to above 50, ...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
Email:

Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Buy at 0.9595
As the greenback has risen again after intra-day brief retreat to 0.9650, adding credence to our view that recent upmove is still... - Mar 05 15:39 GMT
Trade Idea Wrap-up: GBP/USD - Stand aside
As cable has remained under pressure after yesterday's selloff below indicated level at 1.5333-37 (previous support and 38.2% Fib... - Mar 05 15:36 GMT
Trade Idea Wrap-up: EUR/USD - Stand aside
Despite intra-day brief bounce to 1.1115, as the single currency has fallen again in part due to the dovish remarks from Draghi, ... - Mar 05 15:33 GMT
Trade Idea Wrap-up: USD/JPY - Stand aside
Although intra-day break of this week's high of 120.27 signals near term upside risk remains for further gain to previous chart r... - Mar 05 15:29 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/GBP Candlesticks and Ichimoku Analysis
As the single currency has fallen again after brief recovery, adding crede... - Mar 05 08:53 GMT
EUR/CHF Candlesticks and Ichimoku Analysis
Although the single currency has retreated after faltering below resistanc... - Mar 05 08:37 GMT
AUD/USD Candlesticks and Ichimoku Analysis
Although aussie retreated after meeting resistance at 0.7913, as price has... - Mar 04 08:59 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Stand aside
The single currency fell again today and has remained under pressure, suggesting near term downside risk remains for recent decli... - Mar 05 15:20 GMT
Trade Idea: USD/CAD - Stand aside
As the greenback slipped again today, dampening our bullishness and further consolidation would be seen, however, still reckon do... - Mar 05 15:15 GMT
Trade Idea: EUR/JPY - Sell at 133.20
This week's selloff from 134.60 adds credence to our view that the fall from 136.69 is still in progress and further weakness to ... - Mar 05 09:53 GMT
Trade Idea: AUD/USD - Hold long entered at 0.7800
Aussie's rebound after finding good support at 0.7752 earlier this week has retained our bullishness and as long as this level ho... - Mar 05 09:35 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/GBP Elliott Wave Analysis
As the single currency has remained under pressure, adding credence t... - Mar 05 10:17 GMT
USD/CAD Elliott Wave Analysis
As the greenback has retreated after meeting resistance at 1.2565 ear... - Mar 05 10:11 GMT
AUD/USD Elliott Wave Analysis
Although aussie retreated after early rebound to 0.7913, as long as i... - Mar 04 10:00 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: Mar 06 07:20 GMT

Action Bias

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

Forex Brokers

Fundamental Analysis Reports

BoE Keeps Interest Rate At All-Time Low, Marking Six Year Of Low-Rate Environment
Mar 06 07:21 GMT, by Dukascopy Swiss FX Group
The Bank of England opted to keep the interest rate unchanged in March, marking six years since policy makers reduced borrowing costs to all-time low levels to help the UK economy recover from a deep...
Bank Of Canada Leaves Its Key Rate Unchanged At 0.75%, After Surprise Rate Cut In January
Mar 06 07:20 GMT, by Dukascopy Swiss FX Group
The Bank of Canada decided to maintain its overnight interest rate unchanged at 0.75% following a shocking move to cut borrowing costs in January. Central bank Governor Stephen Poloz appeared to be s...
Australia's Retail Sales Rise In January, Trade Balance Gap Almost Doubles
Mar 06 07:18 GMT, by Dukascopy Swiss FX Group
Australia's retail sales rose in January, adding to signs that consumer spending is gradually increasing in response to lower interest rates. Retail sales climbed 0.4% to $23.88 billion in January af...
US Jobs Report Wraps Up A Busy Week In The Markets
Mar 06 07:07 GMT, by MarketPulse
We may have reached the end of a fairly busy week in the markets but it's certainly not over yet as we await arguably the most important release of all of them, the US jobs report. The timing of the ...
AUD/USD: Aussie Trading On A Stronger Footing This Morning
Mar 06 06:43 GMT, by GCI Financial
The pair is expected to find support at 0.7765, and a fall through could take it to the next support level of 0.7721. The pair is expected to find its first resistance at 0.7842, and a rise through c...
EUR/USD: ECB All Set To Start QE On 9th March, 2015
Mar 06 06:39 GMT, by GCI Financial
The pair is expected to find support at 1.0973, and a fall through could take it to the next support level of 1.0916. The pair is expected to find its first resistance at 1.11, and a rise through cou...
All Daily Fundamental Reports >>

Technical Analysis Reports

EURUSD - Declines Further
Mar 06 06:51 GMT, by FXTechstrategy
EURUSD - With the pair weakening further on Thursday, more decline is envisaged. Support is seen at 1.0950 level with a cut through here opening the door for more downside towards the 1.0900 level. F...
Daily FX Report
Mar 06 06:47 GMT, by Varengold Bank
The euro rebounded from a 11 year low on Thursday as investors looked ahead to Friday's non-farm payrolls report in U.S. which analyst expect a figure around 240K, lower from the previous data of 257...
AUDCAD: Parity Is Proving A Difficult Nut To Crack
Mar 06 05:35 GMT, by Forex.com
The Australian dollar has been regaining some of its lost ground in Asia, with AUDUSD currently testing a resistance zone around 0.7800. Meanwhile, AUDCAD has done an about-face around its 100-day SM...
Daily Technical Analysis
Mar 06 05:30 GMT, by FX Instructor
The EURUSD continued its bearish momentum yesterday bottomed at 1.0986. The bias remains bearish in nearest term testing 1.0950 – 1.0900. Immediate resistance is seen around 1.1050. A clear break abo...
Foreign Exchange Market Commentary
Mar 06 04:09 GMT, by HY Markets
THE EURO closed lower on Thursday as it consolidates some of the rally off last Thursday's low. The lowrange close sets the stage for a steady opening on Friday. Stochastics and the RSI remain bullis...
Australia 200 – Steadies Around 5900
Mar 06 02:53 GMT, by MarketPulse
Over the last few days the Australia 200 index has eased back to around 5900 where it is presently consolidating. This was after just recently reaching yet another multi-year high near 6000 a few day...
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.