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Aug 29 01:51 GMT

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Weekly Review and Outlook: Dollar Broadly Higher as Markets Increased Bets on Fed Hike
Aug 27 10:43 GMT, by ActionForex.com
Dollar ended the week as one of the strongest major currency, next to Sterling. Markets initially hesitated in their reactions to Fed chair Janet Yellen's speech in Jackson Hole symposium. But traders made up their mind soon as the upbeat comments from a known dove Yellen should have solidified the case for rate hike in near term. That also added ...

Technical Outlook

EUR/USD Weekly Outlook
EUR/USD's fall last week suggests that the corrective rise from 1.0911 has possibly completed at 1.1365 already. Initia... - Aug 27 07:55 GMT
USD/JPY Weekly Outlook
USD/JPY rebounded strongly last week below stays below 102.64 minor resistance. Initial bias is neutral this week first... - Aug 27 07:48 GMT
GBP/USD Weekly Outlook
GBP/USD rebounded last week as consolidation from 1.2794 extended. Another rise cannot be ruled out but upside should b... - Aug 27 07:40 GMT
USD/CHF Weekly Outlook
USD/CHF's strong rebound last week suggests that fall from 0.9949 has completed at 0.9536. Initial bias stays on the up... - Aug 27 07:35 GMT

Special Reports

Deepening Deflation Adds Pressure To Further BOJ Action
Aug 26 10:38 GMT
Japan's deflation persisted for a fifth month in July. Core CPI (excluding fres...
Rally in LIBOR Due to Regulatory Change... to Continue as Rate Hike Hopes Increase
Aug 25 13:31 GMT
The 3-month USD LIBOR has been surging recently, rising to a 7-year high of 0.8...
RBNZ Affirms Further Easing Would Not Be Aggressive
Aug 23 05:53 GMT
RBNZ published a speech, titled 'Monetary policy faces challenges in turbulent ...
All Special Reports >>

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Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Stand aside
As the greenback has risen again after finding renewed buying interest at 0.9640 in part due to cross-selling in Swiss franc, sug... - Aug 25 15:54 GMT
Trade Idea Wrap-up: GBP/USD - Stand aside
As cable has retreated after rising to 1.3273 yesterday, suggesting minor consolidation below this level would be seen and pullba... - Aug 25 15:48 GMT
Trade Idea Wrap-up: EUR/USD - Stand aside
As the single currency has recovered after holding above previous support at 1.1241, suggesting consolidation above this level wo... - Aug 25 15:43 GMT
Trade Idea Wrap-up: USD/JPY - Stand aside
Although dollar's rebound from 99.94 has retained our view that further consolidation within recent established range would be se... - Aug 25 15:37 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/JPY Candlesticks and Ichimoku Analysis
Although the single currency retreated after meeting resistance at 114.16,... - Aug 25 09:20 GMT
USD/CAD Candlesticks and Ichimoku Analysis
As the greenback recovered after falling to 1.2763 last week, suggesting c... - Aug 25 08:51 GMT
NZD/USD Candlesticks and Ichimoku Analysis
Kiwi only eased to 0.7165 before rising again (we recommended in our previ... - Aug 24 09:03 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Stand aside
Despite this week's anticipated decline to 0.8485, current rebound from there suggests consolidation would be seen and recovery t... - Aug 25 14:56 GMT
Trade Idea: USD/CAD - Sell at 1.3030
Although the greenback rebounded after finding support at 1.2859 earlier this week and further consolidation above recent low at ... - Aug 25 14:53 GMT
Trade Idea: EUR/JPY - Hold short entered at 113.30
As the single currency has recovered after falling to 112.79 yesterday, suggesting consolidation would be seen, however, reckon u... - Aug 25 09:53 GMT
Trade Idea: AUD/USD - Stand aside
Aussie's recovery after holding above support at 0.7583 (Monday's low) has retained our view that further consolidation above sai... - Aug 25 09:47 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/JPY Elliott Wave Analysis
Although the single currency retreated after meeting resistance at 11... - Aug 25 10:25 GMT
USD/CHF Elliott Wave Analysis
Despite early anticipated selloff to 0.9537, as the greenback found g... - Aug 25 10:17 GMT
EUR/CHF Elliott Wave Analysis
Although the single currency retreated to 1.0826 last week, as euro f... - Aug 24 10:24 GMT
More Elliott Wave Weekly Analysis >>

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Last Updated: Aug 29 01:45 GMT

Action Bias

  Hourly 6 Hours Daily Weekly
EURUSD↓ DN↓ DN- NE- NE
USDJPY↑ UP↑ UP- NE- NE
GBPUSD↓ DN↓ DN- NE- NE
USDCHF↑ UP↑ UP- NE- NE
USDCAD↑ UP↑ UP- NE- NE
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Fundamental Analysis Reports

Weekly Economic and Financial Commentary
Aug 27 03:35 GMT, by Wells Fargo Securities
Data released this week showed that while the housing market continues to improve, the recovery remains constrained. Reports on sales were mixed, with existing home sales down and new home sales up s...
The Weekly Bottom Line
Aug 27 03:21 GMT, by TD Bank Financial Group
If you have been paying attention to Fed speak over the dog days of summer, you have likely heard talk of the "r-star." It sounds arcane, but don't let that fool you. While the concept is theoretical...
Week Ahead USD looks to NFP after Confident Fed
Aug 27 03:15 GMT, by MarketPulse
The USD appreciated across the board after U.S. Federal Reserve Chair Janet Yellen gave her speech at the Jackson Hole central bank summit with a positive take on the economy. Chair Yellen recapped t...
Weekly Focus: US Jobs Report May Tell How Close a Fed Rate Hike is
Aug 27 03:10 GMT, by Danske Bank
US economy on a firmer footing as financial conditions are more supportive and drag from low oil price is fading. The Fed is eying the next hike - job growth and global risks are key for the timin...
Fed Back on the Hawkish PR Offensive
Aug 26 14:36 GMT, by MarketPulse
The pre-prepared text from Yellen's speech at Jackson Hole today didn't necessarily offer much in the way of surprises but it did confirm one thing, there is now a clear and public hawkish consensus ...
Real GDP Growth Revised Down, but Household Spending Revised up in the Second Quarter
Aug 26 14:28 GMT, by TD Bank Financial Group
The American economy grew by 1.1% (annualized) according to the BEA's second estimate, a notch below its preliminary estimate (1.2%), but on par with the consensus expectation. Despite the downwar...
All Daily Fundamental Reports >>

Technical Analysis Reports

AUDUSD Inches Higher After Double Doji, But Price Is Still Holding Within Weekly Range
Aug 26 10:46 GMT, by Windsor Brokers Ltd
Aussie shows signs of near-term recovery on today's rally above 0.7600 handle, after repeated Doji in past two days showed strong indecision. However, the pair is still holding within near-term range...
USDJPY Holds Within Narrow Range On Friday, Awaiting Yellen's Speech
Aug 26 10:44 GMT, by Windsor Brokers Ltd
The pair trades within narrow range on Friday (around 20-pips), with psychological 100.00 level still acting as good support, but upside attempts remain capped well under weekly high at 100.91. Flat ...
GBPUSD Holds Bullish Momentum Despite Renewed Attempts Lower
Aug 26 10:30 GMT, by Dukascopy Swiss FX Group
The Euro maintains near-term bid against the dollar, as extended bounce from 1.1243 correction low, attempted again above 1.1300 barrier (also hourly cloud top). Near-term studies are mixed, while da...
EURUSD Remains Constructive In The Near-Term, 1.1300 Barrier Retested
Aug 26 10:28 GMT, by Windsor Brokers Ltd
The Euro maintains near-term bid against the dollar, as extended bounce from 1.1243 correction low, attempted again above 1.1300 barrier (also hourly cloud top). Near-term studies are mixed, while da...
Daily Technical Analysis
Aug 26 09:04 GMT, by FX Instructor
The EURUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias. Immediate support is seen around 1.1250. A clear break below that area could trigger furt...
S&P500 Undergoing A Corretion, Possible Support Around 2140-2150
Aug 26 08:54 GMT, by Elliott Wave Financial Service
Normally when market completes a five wave move, the direction of a trend will change with minimum three waves. And this is exactly what is expected on E-mini S&P500. We can see five waves up fro...
All Daily Technical Reports >>

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Long Term Forecasts

DAX 6 Month Outlook 2016 H2
Aug 18 14:12 GMT, by MarketPulse
DAX 6 Month Outlook 2016 H2 What impact has Brexit had on Germany? It's still too early to determ...
AUD/USD Australian Dollar 6 Month Outlook 2016 2H
Aug 02 15:28 GMT, by MarketPulse
The RBA seems to be little concerned by Brexit and believes it's far too soon to pass judgment on t...
WTI Crude Oil A Year Ahead - Trends And Expectations 2016
Dec 24 11:45 GMT, by MarketPulse
The second half of 2014 saw a sharp drop in the price of WTI Crude Oil, which had traded at $105 a ...
DAX Year Ahead – Trends And Expectations 2016
Dec 24 11:11 GMT, by MarketPulse
It has been another testing year for the German economy but once again it has shown the kind of str...
British Pound Year Ahead - Brexit To Dominate 2016
Dec 22 12:49 GMT, by MarketPulse
This has been something of a turnaround year for the UK in which unemployment has fallen back to pr...
All Long Term Forecasts >>
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