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Sep 01 07:53 GMT

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Daily Report: Aussie Steady as RBA Stands Pat and Stays Neutral
Sep 01 04:47 GMT, by ActionForex.com
Aussie stays steady in tight range against dollar after RBA kept cash rate unchanged at 2.00% as widely expected. The central bank maintained a neutral bias and noted that further information on economic and financial conditions are needed to determine the assessment of outlook and monetary policy. Regarding recent turmoils in the financial mark...

Technical Outlook

EUR/USD Daily Outlook
Deeper fall is expected in EUR/USD with 1.1363 minor resistance intact. The corrective rise from 1.0461 could have comp... - Sep 01 05:14 GMT
GBP/USD Daily Outlook
With 1.5508 minor resistance intact, further decline is expected in GBP/USD. Recent development suggests that correctiv... - Sep 01 05:11 GMT
USD/CHF Daily Outlook
Recent sideway pattern in USD/CHF is possibly developing into a triangle. From a near term angle, strong resistance wou... - Sep 01 05:09 GMT
USD/CHF Daily Outlook
Recent sideway pattern in USD/CHF is possibly developing into a triangle. From a near term angle, strong resistance wou... - Sep 01 05:09 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

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Candlesticks Intraday Trade Ideas

Trade Idea: USD/JPY - Exit long entered at 120.50
As the greenback has retreated again after meeting renewed selling interest at 121.42, suggesting further consolidation below yes... - Sep 01 07:40 GMT
Trade Idea Wrap-up: USD/CHF - Sell at 0.9730
Although the greenback has risen again and near term upside bias remains for the rise from 0.9259 (last week's low) to extend gai... - Aug 31 16:42 GMT
Trade Idea Wrap-up: GBP/USD - Hold long entered at 1.5370
Cable has retreated again in NY morning and has remained under pressure, suggesting caution on our long position entered at 1.537... - Aug 31 16:32 GMT
Trade Idea Wrap-up: EUR/USD - Hold long entered at 1.1190
As intra-day retreat from 1.1244 has kept euro under pressure, suggesting marginal weakness from here cannot be ruled out, howeve... - Aug 31 16:05 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/USD Candlesticks and Ichimoku Analysis
Despite last week's rally to 1.1714, the subsequent retreat formed several... - Aug 31 09:58 GMT
USD/JPY Candlesticks and Ichimoku Analysis
The greenback found good support at 116.16 last week and staged a strong r... - Aug 31 09:21 GMT
EUR/JPY Candlesticks and Ichimoku Analysis
The single currency topped out at 139.01 and the subsequent stronger-than-... - Aug 28 09:57 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Buy at 0.7230
The single currency met resistance at 0.7355 on Friday and has retreated again, retaining our view that further consolidation wou... - Aug 31 15:13 GMT
Trade Idea: USD/CAD - Stand aside
Although the greenback has rebounded again after finding support at 1.3167 on Friday, break of last week's high of 1.3354 is need... - Aug 31 15:09 GMT
Trade Idea: EUR/JPY - Sell at 137.50
As the single currency has recovered again after holding above said support at 135.26 (last week's low), retaining our view that ... - Aug 31 10:18 GMT
Trade Idea : AUD/USD - Sell at 0.7160
As aussie has retreated after meeting renewed selling interest at 0.7206 late last week, consolidation with downside bias is seen... - Aug 31 10:12 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/USD Elliott Wave Analysis
Although the single currency surged to 1.1714 last week, the subseque... - Aug 31 10:49 GMT
USD/JPY Elliott Wave Analysis
Despite last week's selloff to 116.16, the subsequent strong rebound ... - Aug 31 10:42 GMT
EUR/JPY Elliott Wave Analysis
Euro's retreat from 139.01 turned out to be stronger than expected, s... - Aug 28 10:48 GMT
More Elliott Wave Weekly Analysis >>

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Last Updated: Sep 01 07:45 GMT

Action Bias

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

Fundamental Analysis Reports

China's Manufacturing Sector Slows Further In August, Hitting 3-Year Low
Sep 01 07:52 GMT, by Dukascopy Swiss FX Group
Activity in China's manufacturing sector continued to contract in August, adding to signs that the world's second biggest economy is fast losing steam. The final Caixin/Markit manufacturing purchasin...
Manufacturing In Focus As Europe Seen Lower
Sep 01 06:48 GMT, by MarketPulse
European markets are expected to open lower again on Wednesday, following a negative lead from the U.S. and Asia overnight and some disappointing PMI data from China. Chinese growth fears are nothing...
Aussie Dollar Facing A Volatile Week
Sep 01 06:46 GMT, by Blackwell Global
The Australian dollar has experienced some sharp volatility early, ahead of the vaunted RBA interest rate decision, but the risk of a slowing China looms large. The AUD saw some sharp volatility earl...
Is The Oil Landscape Changing?
Sep 01 06:45 GMT, by Blackwell Global
Oil has charged higher in recent weeks on hope that supply may be curbed. An announcement from OPEC suggests they may begin to restrict supply to support a higher long term price. Is the Oil landscap...
European Open Briefing
Sep 01 06:20 GMT, by IC Markets
Major currencies update: Asian equity indices are opening lower, following Monday’s descent, dragging the USD/JPY lower again during today’s Asian session, with spot now at 120.78, down 40 pips from ...
AUD/USD: AUD Trading Higher After RBA Kept Its Interest Rate Unchanged
Sep 01 06:12 GMT, by GCI Financial
The pair is expected to find support at 0.7091, and a fall through could take it to the next support level of 0.7048. The pair is expected to find its first resistance at 0.7169, and a rise through c...
All Daily Fundamental Reports >>

Technical Analysis Reports

Foreign Exchange Market Commentary
Sep 01 06:42 GMT, by HY Markets
THE EURO posted an inside day with a higher close on Monday as it consolidates some of the decline off August's high. The highrange close sets the stage for a steady to higher opening when Tuesday's ...
EUR/USD Rebounds And Breaks Resistance For ABC Rally
Sep 01 06:36 GMT, by Admiral Markets
The EUR/USD has bounced at the support trend line (green). The bullish bounce has strong resistance levels above it and a break of the top and the 38.2% Fib at 1.17 is not expected.
Daily Technical Outlook And Review
Sep 01 06:32 GMT, by IC Markets
A conservative wave of bids came into the market shortly after the open at 1.1165, which, as you can see, aggressively pushed the pair back above psychological resistance 1.1200. Price then went on t...
Daily FX Report
Sep 01 05:00 GMT, by Varengold Bank
Fed Vice Chairman Stanley Fischer said in a speech at the annual Jackson Hole, Wyoming, central bankers' symposium over the weekend that U.S. inflation was likely to rebound, allowing rates to rise g...
$/Yen, 'Ideal' Area To Form An Important Top
Sep 01 04:53 GMT, by Foreign Exchange Analytics
The market remains firm in the sharp snapback from the Aug 24th spike low at 116.45. But with the downside pattern from at least the Aug 12th high at 125.30 not 'complete', this recent bounce is seen...
Market Morning Briefing
Sep 01 03:36 GMT, by Kshitij Consultancy Services
Euro (1.1268) is almost stable, trading just below the 200-day MA near 1.1294. As mentioned yesterday if it breaks above 1.13-1.136 we may expect a rally to 1.15 else a fall towards 1.10-1.9 cannot b...
All Daily Technical Reports >>

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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 >>
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