ActionForex.com
Jul 31 11:28 GMT

Sponsors

Forex Expos

Action Insight

European Session: Orders and Options Watch
Jul 31 09:42 GMT, by ActionForex.com
EUR: The single currency found support at 1.3367 yesterday and recovered, however, offers are still noted from 1.3420 up to 1.3450 (stops above), more sell orders are located at 1.3470-80, followed by mixture of offers and stops at 1.3490-00, selling interest is tipped further out at 1.3520-30. On the downside, bids are seen at 1.3370-80, followed...

Technical Outlook

EUR/USD Daily Outlook
Intraday bias in EUR/USD remains on the downside with 1.3415 minor resistance intact. The fall from 1.3993 is expected ... - Jul 31 05:08 GMT
GBP/USD Daily Outlook
Intraday bias in GBP/USD remains on the downside for the moment. As noted before, a medium term could be formed at 1.71... - Jul 31 05:00 GMT
USD/CHF Daily Outlook
Intraday bias in USD/CHF remains on the upside for the moment. Current rally from 0.8698 is still in progress and shoul... - Jul 31 04:56 GMT
USD/JPY Daily Outlook
USD/JPY rose to as high as 103.08 so far and reached mentioned target of 100% projection of 100.82 to 102.79 from 101.0... - Jul 31 04:53 GMT

Special Reports

FOMC Focused On Slack In Job Market Despite Resilient 2Q14 Growth
Jul 31 04:05 GMT
As expected, the FOMC tapered by another US$ 10B in July with few changes in th...
Weak Economic Data Unlikely Triggers BOJ To Intensify Stimulus
Jul 30 08:20 GMT
Japan's economic data released over the past 2 weeks underscored the downside r...
Upbeat Chinese PMI Reflects Feed-Through Of Stimulus, More In 2H14
Jul 25 02:42 GMT
Chinese economic growth has shown signs of gathering momentum again, thanks to ...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
Email:

Candlesticks Intraday Trade Ideas

Trade Idea Update: USD/CHF - Buy at 0.9035
As the greenback has eased after surging to 0.9107 yesterday, suggesting minor consolidation would be seen and pullback to the ... - Jul 31 11:12 GMT
Trade Idea Update: GBP/USD - Sell at 1.7000
As the British pound has remained under pressure after yesterday's selloff, adding credence to our bearish view that recent dec... - Jul 31 11:11 GMT
Trade Idea Update: EUR/USD - Hold long entered at 1.3402
Euro's rebound after yesterday's selloff to 1.3367 suggests consolidation would be seen and test of the Ichimoku cloud (now at ... - Jul 31 11:07 GMT
Trade Idea Update: USD/JPY - Buy at 102.55
As dollar has eased after rising to 103.09 yesterday, suggesting minor consolidation would be seen and pullback to the Kijun-Se... - Jul 31 11:05 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/GBP Candlesticks and Ichimoku Analysis
As the single currency has remained under pressure, suggesting recent de... - Jul 31 07:22 GMT
EUR/CHF - Candlesticks and Ichimoku Analysis
The single currency finally rebounded after holding above support at 1.2... - Jul 31 07:07 GMT
AUD/JPY Candlesticks and Ichimoku Analysis
The Australian dollar found support at 94.40 and has rebounded last week... - Jul 30 07:22 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/JPY - Hold long entered at 136.70
As the single currency has rebounded yesterday and broke above indicated resistance at 137.25-34, adding credence to our view t... - Jul 31 09:15 GMT
Trade Idea: AUD/USD - Sell at 0.9350
  Yesterday's selloff together with the breach of indicated support at 0.9322-29 confirm our view that top has been formed at 0.... - Jul 31 09:06 GMT
Trade Idea: EUR/GBP - Buy at 0.7855
The single currency has remained confined within narrow range and as long as resistance at 0.7940 holds, near term downside r... - Jul 30 14:56 GMT
Trade Idea: USD/CAD - Buy at 1.0850
As recent rise has gathered momentum on broad-based strength in the greenback and indicated resistance at 1.0896 was penetrated... - Jul 30 14:50 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/GBP Elliott Wave Analysis
Although euro's recovery after last week's fall to 0.7874 suggests ... - Jul 31 10:42 GMT
USD/CAD Elliott Wave Analysis
The greenback found renewed buying interest just above support at 1... - Jul 31 10:36 GMT
AUD/USD Elliott Wave Analysis
As aussie has retreated after meeting resistance at 0.9472 last wee... - Jul 30 10:19 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: Jul 31 11:20 GMT

Action Bias

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

Forex Brokers

Fundamental Analysis Reports

Gold Flat Ahead Of Unemployment Claims
Jul 31 10:39 GMT, by MarketPulse
Gold prices are steady on Thursday, as the metal continues to trade close to the $1300 level. In the European session, the spot price stands at $1295.01 per ounce. In the US, today's highlight is Une...
Euro Drops As Euro-Area Inflation Falls To 5-Year Low, Unemployment Decelerates
Jul 31 10:23 GMT, by ICN.com
The single currency declined further on Thursday, extending losses to a third straight session after data showed consumer price inflation in the Eurozone slowed unexpectedly in July to hit the lowest...
European Market Update: Euro Zone Flash CPI Hits Fresh 4-Year Low While Employment Improves
Jul 31 09:56 GMT, by Trade The News
The USD maintained its firm tone as dealers noted that yesterday's FOMC statement saw the Fed's guidance language weakened after it acknowledged that downside inflation risks had diminished. The gree...
EUR Inflation Shifts Lower, USD Strong
Jul 31 09:50 GMT, by Swissquote Bank SA
The enthusiasm vis-à-vis the US recovery lifts the FX volatilities from the past 10-year lows, while the high yielding EM currencies accumulate losses. The Argentinian default certainly doesn't help ...
EUR/USD – Flat On Mixed Eurozone Data
Jul 31 09:46 GMT, by MarketPulse
The euro is unchanged on Thursday, as EUR/USD continues to trade just shy of the 1.34 level in the European session. It's been a July to forget for the struggling euro, which has coughed up about 300...
Euro Area Inflation Unexpectedly Drops To 0.4 Percent In July
Jul 31 09:36 GMT, by ICN.com
Euro area inflation unexpectedly dropped in July to add to worries that low inflation may hamper recovery. Unemployment, on the other hand, retreated in June. CPI estimate for the year through July p...
All Daily Fundamental Reports >>

Technical Analysis Reports

AUDUSD - Weakens, Eyes Further Downside
Jul 31 11:06 GMT, by FXTechstrategy
AUDUSD - With AUDUSD extending its price weakness during Thursday trading session,, more decline is likely. Support lies at the 0.9250 level. A cut through here will turn attention to the 0.9200 leve...
Forex Technical Analysis
Jul 31 11:03 GMT, by DeltaStock Inc.
Yesterday's uptrend reached a local high at 103.05 and current pullback is corrective, preceding an advance towards 104.10. Minor intraday support lies at 102.71, followed by the major one at 102.30.
Technical Outlook - AUDUSD, NZDUSD And AUDNZD
Jul 31 10:42 GMT, by Admiral Markets
On Thursday, the pair added to its losses on Wednesday lead by weaker Australian economic data. In doing so the pair weakened below 0.9320-0.9300 immediate support, comprising of 100-day SMA and 23.6...
Dollar/Yen Rally Limited By Fed Tempering
Jul 31 09:47 GMT, by ZIFX.com
On Wednesday Dollar/Yen increased significantly with 105 pips. The currency couple appreciated from 102.03 to 103.10 yesterday, matching the positive money flow sentiment at above +24%, closing the d...
AUDUSD Elliott Wave: Bearish Impulse Is Underway
Jul 31 09:18 GMT, by Elliott Wave Financial Service
AUDUSD is trading south as expected after only three wave rally from 0.9327 up to 0.9470. We labeled that move as wave (ii)/(b), so in either case we were looking for a drop to a new low of July. 0.9...
Today's Market Outlook
Jul 31 09:05 GMT, by Windsor Brokers Ltd
The Euro remains negative and posted new low at 1.3365 yesterday, level which marks 50% of 1.2754/1.3992 upleg. Subsequent bounce, which so far stays capped at 1.34 barrier, could be seen as consolid...
All Daily Technical Reports >>

Analysis Report Search

Central Bank Analysis
Economic Data Reviews
Technical Analysis

Long Term Forecasts

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...
USD/JPY - 2013 In Review
Dec 26 02:31 GMT, by MarketPulse
The Bank of Japan continued its radical monetary program in 2013, and the yen responded with sharp ...
All Long Term Forecasts >>
ActionForex.com © 2014 All rights reserved.