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Jul 28 04:12 GMT

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Weekly Review and Outlook: Dollar Soared Broadly, Look ahead to FOMC, GDP and NFP
Jul 26 12:11 GMT, by ActionForex.com
Dollar surged broadly last week with support from some solid economic data. Moreover, Euro was weighed down by geopolitical tensions in Ukraine and weak economic outlook. Sterling also weakened against the greenback as BoE minutes toned down the chance of rate hike. Nonetheless, Aussie ended the week as the strongest currency with boost from infla...

Technical Outlook

EUR/USD Weekly Outlook
EUR/USD dropped to as low as 1.3420 last week and took out 1.3476 support, as well as the medium term trend line. Initi... - Jul 26 10:00 GMT
USD/JPY Weekly Outlook
USD/JPY's rebound extended higher last week and the development suggests that the choppy fall from 102.79 has completed... - Jul 26 09:44 GMT
GBP/USD Weekly Outlook
The decline from 1.7190 extended lower last week but is staying above 1.6952 support so far. Also, the pair is staying ... - Jul 26 09:39 GMT
USD/CHF Weekly Outlook
USD/CHF's rally continued last week and broke 0.9036 resistance. The development indicates that rise from 0.8702 is res... - Jul 26 09:24 GMT

Special Reports

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 ...
RBNZ Announced Last Rate Hike Before Pause To Assess Impacts
Jul 24 06:01 GMT
The RBNZ raised the OCR for a 4th consecutive time, by +25 bps to 3.5%, in July...
BOE Minutes Toned Down Rate Hike Speculations
Jul 23 10:13 GMT
Despite rising growth momentum, BOE policymakers remained divided on whether wh...
All Special Reports >>

Markets Snapshot

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Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Buy at 0.8980
As the greenback has maintained a firm undertone after breaking previous resistance at 0.9037, adding credence to our bullish vie... - Jul 25 15:37 GMT
Trade Idea Wrap-up: GBP/USD - Sell at 1.7050
As cable has slipped again after intra-day brief recovery, suggesting the fall from 1.7192 top formed last week is still in progr... - Jul 25 15:32 GMT
Trade Idea Wrap-up: EUR/USD - Buy at 1.3415
As the single currency has fallen again after meeting renewed selling interest at 1.3485 yesterday, retaining our view that near ... - Jul 25 15:24 GMT
Trade Idea Wrap-up: USD/JPY - Hold short entered at 101.70
Dollar's intra-day breach of previous resistance at 101.86 has dampened our near term bearishness and marginal gain from here can... - Jul 25 15:18 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/JPY Candlesticks and Ichimoku Analysis
The single currency only recovered to 138.45 before running into renewed s... - Jul 25 09:39 GMT
USD/CAD Candlesticks and Ichimoku Analysis
Although the greenback staged a strong rebound after holding above this mo... - Jul 25 09:03 GMT
EUR/GBP Candlesticks and Ichimoku Analysis
Although the single currency fell again this week, loss of near term dow... - Jul 24 10:33 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Buy at 0.7855
Despite yesterday's breach of resistance at 0.7933, lack of follow through buying and current retreat suggest near term downside ... - Jul 25 15:04 GMT
Trade Idea: USD/CAD - Buy at 1.0740
The greenback has rebounded again after holding above support at 1.0709, suggesting another test of resistance at 1.0794 would be... - Jul 25 14:38 GMT
Trade Idea: EUR/JPY - Buy at 136.70
Euro's rebound after yesterday's brief fall to 136.37 suggests consolidation above this support would be seen with mild upside bi... - Jul 25 08:35 GMT
Trade Idea: AUD/USD - Stand aside
Although the Australian dollar has retreated after meeting resistance at 0.9472 yesterday and further choppy trading is in store,... - Jul 25 08:30 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/JPY Elliott Wave Analysis
The single currency did meet renewed selling interest at 138.45 (we r... - Jul 25 10:25 GMT
USD/CHF Elliott Wave Analysis
The greenback finally broke above previous resistance at 0.9037, addi... - Jul 25 10:18 GMT
EUR/GBP Elliott Wave Analysis
As euro has recovered after yesterday's brief fall to 0.7874, sugge... - Jul 24 11:19 GMT
More Elliott Wave Weekly Analysis >>

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Last Updated: Jul 28 04:05 GMT

Action Bias

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

Fundamental Analysis Reports

Weekly Wrap: Leaders And Laggards
Jul 28 01:45 GMT, by ThinkForex
AUD: Building approvals, Import prices, Producer Price Index, Commodity Prices. CNY: CFLP Manufacturing PMI, HSBC Final PMI, Services PMI. EUR: German Preliminary CPI, German Retail sales, Euro Flash...
One To Watch: EURNZD Hits Resistance
Jul 28 01:33 GMT, by Forex.com
As the Reserve Bank of New Zealand (RBNZ) becomes less hawkish and more concerned about the stubbornly high NZ dollar, the greater the chance the bank will intervene to weaken the exchange rate. With...
Stocks Lower, Bonds Rally And The US Dollar Is Looking Strong - Times A Changing
Jul 28 01:29 GMT, by Vantage FX
As the screenshot from Bloomberg of the US 10 year rate shows there is a real chance of a massive range break and rally which would really tell us there is a big shift in markets happening and a mons...
British GDP Growth Remained Strong in Q2-2014
Jul 26 04:10 GMT, by Wells Fargo Securities
Data released today showed that real GDP in the United Kingdom grew 0.8 percent (3.2 percent at an annualized rate) in the second quarter relative to the previous quarter (top chart). The British eco...
Weekly Economic and Financial Commentary
Jul 26 04:08 GMT, by Wells Fargo Securities
Inflation has picked up recently and although we expect it to continue to firm as the economy gains momentum, we maintain our expectations that the Fed will raise rates in mid-2015 (see Interest Rate...
The Weekly Bottom Line
Jul 26 03:29 GMT, by TD Bank Financial Group
The week started off with markets still digesting the implications of last week's events in the Ukraine and Gaza. However, by Tuesday, geopolitical worries took a backseat and attention turned to com...
All Daily Fundamental Reports >>

Technical Analysis Reports

The Daily Forecaster: EURUSD
Jul 28 03:48 GMT, by FX-Forecaster
Already we have a solid 4-hour bullish divergence along with daily. Price has reached the higher 1.3422 target but a bullish divergence is not present as yet. Thus, from this point we need take care....
Market Morning Briefing
Jul 28 03:28 GMT, by Kshitij Consultancy Services
Dollar-Yen (101.80) continues trading sideways in the range of 101-102, which still shows no sign of breaking. On a break above 102, some more bounce to 102.25-50 may be seen. Euro-Yen (136.72) is tr...
Daily Technical Analysis
Jul 28 02:45 GMT, by FX Instructor
The EURUSD continued its bearish momentum last week bottomed at 1.3420, which located around the weekly EMA 200, a potential strong support at this phase. The bias remains bearish in nearest term esp...
AUD/USD – Retreats To Familiar Territory Under 0.9425
Jul 28 01:52 GMT, by MarketPulse
The Australian dollar is trading in a small range just below 0.9400 after reaching a three week high just shy of 0.9480 towards the end of last week. During the middle of last week it enjoyed a solid...
Australia 200 – Eases Away From Six Year High Back To 5550
Jul 28 01:49 GMT, by MarketPulse
The Australia 200 Index will be looking to see if it can maintain the break above 5550 after reaching a six year high in the middle of last week. In recent weeks it has discovered a new key level to ...
USDCHF - Remains On The Offensive
Jul 28 01:39 GMT, by FXTechstrategy
USDCHF - With a second week of recovery higher occurring the past week, further upside is likely. On the upside, resistance resides at the 0.9100 level where a break will aim at the 0.9150 level. Fur...
All Daily Technical Reports >>

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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 >>
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