ActionForex.com
Sep 30 05:55 GMT

Sponsors

Forex Expos

Action Insight

Daily Report: Yen Steady after Mixed Economic Data
Sep 30 05:04 GMT, by ActionForex.com
The Japanese yen remains steady in range after release of a bunch of economic data. Unemployment rate dropped to 3.5% in August, hitting a three month low. Retail sales rose 1.2% yoy versus expectation of 0.3% yoy. Household spending, however, dropped -4.7% yoy versus expectation of -3.6% yoy. Labor cash earnings rose 1.4% yoy versus expectation o...

Technical Outlook

USD/JPY Daily Outlook
USD/JPY lost momentum ahead of 100% projection of 96.56 to 105.43 from 101.08 at 109.95. But further rise is still expe... - Sep 30 05:05 GMT
EUR/USD Mid-Day Outlook
Intraday bias in EUR.USD remains on the downside for the moment. Current decline from 1.3993 should target 1.2042 low n... - Sep 29 14:22 GMT
GBP/USD Mid-Day Outlook
Intraday bias in GBP/USD remains mildly on the downside for the moment. Rebound from 1.6051 should be finished at 1.652... - Sep 29 14:20 GMT
USD/CHF Mid-Day Outlook
Intraday bias in USD/CHF remains on the upside with 0.9455 minor support intact. Current rally from 0.8702 would target... - Sep 29 14:18 GMT

Special Reports

The Week Ahead: Details about ECB's ABS Purchases Expected
Sep 29 13:49 GMT
The focus of this week is ECB meeting due Thursday and US' employment report du...
Japanese Yen May Weaken Further Should BOJ Extend Monetary Base
Sep 25 12:16 GMT
Japanese yen resumed weakness after a briefly rebound against the US dollar aft...
China To Continue To Add Stimulus Despite Finance Minister's Hawkish Comments
Sep 23 09:30 GMT
Comments that Chinese Finance Minister Lou Jiwei made at the G20 meeting damped...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
Email:

Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Buy at 0.9435
The greenback has retreated after intra-day rise to 0.9532, suggesting consolidation below this level would be seen and pullback ... - Sep 29 15:37 GMT
Trade Idea Wrap-up: GBP/USD - Sell at 1.6350
Cable's intra-day breach of previous support at 1.6240 suggests early rebound from 1.6052 has ended at 1.6525 and bearishness rem... - Sep 29 15:32 GMT
Trade Idea Wrap-up: EUR/USD - Sell at 1.2775
As the single currency has recovered after intra-day fall to 1.2664, suggesting minor consolidation above this level would be see... - Sep 29 15:27 GMT
Trade Idea Wrap-up: USD/JPY - Buy at 108.90
Although the greenback resumed recent upmove and rose to as high as 109.75, current sharp retreat suggests consolidation below th... - Sep 29 15:21 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/USD Candlesticks and Ichimoku Analysis
The single currency dropped again after meeting renewed selling interest j... - Sep 29 11:01 GMT
USD/JPY Candlesticks and Ichimoku Analysis
The greenback found renewed buying interest at 108.25 last week and has ri... - Sep 29 10:42 GMT
EUR/GBP - Candlesticks and Ichimoku Analysis
The single currency has fallen again after meeting renewed selling interes... - Sep 25 10:13 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Sell at 0.7885
Last week's breach of previous support at 0.7810 confirms recent decline has resumed and although price has recovered from 0.7785... - Sep 29 14:39 GMT
Trade Idea: USD/CAD - Buy at 1.1055
As the greenback has surged after last week's breach of previous resistance at 1.1099, adding credence to our bullish view for re... - Sep 29 14:34 GMT
Trade Idea: EUR/JPY - Hold long entered at 138.85
Although the single currency retreated quite sharply from 141.23, as long as last week's low at 138.38 holds, consolidation with ... - Sep 29 09:40 GMT
Trade Idea: AUD/USD - Sell at 0.8830
As the Australian dollar has continued to fall after brief recovery, adding credence to our bearishness that recent decline from ... - Sep 29 09:30 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

USD/JPY Elliott Wave Analysis
As the greenback has continued to edge higher on dollar's broad-based... - Sep 29 11:32 GMT
EUR/USD Elliott Wave Analysis
The single currency only recovered to 1.2901 before meeting renewed s... - Sep 29 11:27 GMT
EUR/GBP Elliott Wave Analysis
Euro's selloff after meeting renewed selling interest at 0.8066 signa... - Sep 25 10:48 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: Sep 30 05:50 GMT

Action Bias

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

Forex Brokers

Fundamental Analysis Reports

EUR/USD: Euro Trading Higher, Ahead Of The Euro-Zone's CPI Data
Sep 30 05:40 GMT, by GCI Financial
The pair is expected to find support at 1.2667, and a fall through could take it to the next support level of 1.2639. The pair is expected to find its first resistance at 1.2719, and a rise through c...
GBP/USD: Pound Trading Higher, Ahead Of The UK GDP Data
Sep 30 05:39 GMT, by GCI Financial
The pair is expected to find support at 1.622, and a fall through could take it to the next support level of 1.6187. The pair is expected to find its first resistance at 1.6281, and a rise through co...
AUD/USD: Aussie Trading On A Stronger Footing This Morning
Sep 30 05:37 GMT, by GCI Financial
The pair is expected to find support at 0.8704, and a fall through could take it to the next support level of 0.8659. The pair is expected to find its first resistance at 0.8774, and a rise through c...
USD/JPY: Japanese Yen Extends Its Gains In The Asian Session
Sep 30 05:37 GMT, by GCI Financial
The pair is expected to find support at 109.01, and a fall through could take it to the next support level of 108.75. The pair is expected to find its first resistance at 109.65, and a rise through c...
USD/CHF: Swiss Franc Trading Higher, Ahead Of Swiss KOF Leading Indicator
Sep 30 05:36 GMT, by GCI Financial
The pair is expected to find support at 0.9485, and a fall through could take it to the next support level of 0.9464. The pair is expected to find its first resistance at 0.9531, and a rise through c...
USD/CAD: Loonie Extends Its Gains, Ahead Of Canada's GDP Data
Sep 30 05:35 GMT, by GCI Financial
The pair is expected to find support at 1.1124, and a fall through could take it to the next support level of 1.1102. The pair is expected to find its first resistance at 1.1174, and a rise through c...
All Daily Fundamental Reports >>

Technical Analysis Reports

Daily Technical Analysis
Sep 30 04:16 GMT, by FX Instructor
The EURUSD was indecisive yesterday. The bias remains bearish in nearest term testing 1.2650 – 1.2575. Immediate resistance is seen around 1.2715. A clear break above that area could lead price to ne...
Foreign Exchange Market Commentary
Sep 30 03:41 GMT, by HY Markets
THE EURO closed lower on Friday as it extends the decline off May's high. The lowrange close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and t...
Market Morning Briefing
Sep 30 03:31 GMT, by Kshitij Consultancy Services
Euro (1.2692) is trying to hold its ground for some time but unless it manages to break above 1.2715 immediately and 1.2820 later, the same story of vicious bear attacks can run again with the possib...
AUD/USD – Takes A Breather Above 0.87
Sep 30 02:47 GMT, by MarketPulse
The last few weeks has seen a strong decline for the Australian dollar moving from close to 0.94 down to near 0.87 and an eight month low in the process. In the last day or so it has taken a breather...
Australia 200 - Drops Sharply To Seven Month Low Below 5250
Sep 30 02:39 GMT, by MarketPulse
For all of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 54...
GBPJPY - Faces Corrective Pullback Threats
Sep 30 02:32 GMT, by FXTechstrategy
GBPJPY – Although GBPJPY may be holding on to its medium term uptrend, it faces corrective pullback threats. While the 180.70 level continues to hold as resistance, corrective pullback cannot be rule...
All Daily Technical Reports >>

Analysis Report Search

Central Bank Analysis
Economic Data Reviews
Technical Analysis

Long Term Forecasts

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...
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...
All Long Term Forecasts >>
ActionForex.com © 2014 All rights reserved.