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Jul 22 11:21 GMT

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European Session: Orders and Options Watch
Jul 22 08:19 GMT, by ActionForex.com
EUR: The single currency met selling interest at 1.3530 and has retreated in European morning, offers are still seen at 1.3530-45 and 1.3555-60, more sell orders are located at 1.3570-80 (stops above) and 1.3600-10, selling interest should emerge around 1.3640-55 area. On the downside, bids remain at 1.3500 and 1.3485 (sizeable stops below both le...

Technical Outlook

GBP/JPY Daily Outlook
At this point, deeper decline is still in favor in GBP/JPY for 172.36 support. Break there will confirm near term rever... - Jul 22 06:35 GMT
EUR/JPY Daily Outlook
With 137.49 minor resistance intact, further fall is expected in EUR/JPY. The cross is in the third leg of the pattern ... - Jul 22 06:32 GMT
EUR/AUD Daily Outlook
EUR/USD's consolidation from 1.4358 is still in progress and intraday bias remains neutral. The larger fall from 1.5831... - Jul 22 06:30 GMT
EUR/GBP Daily Outlook
Intraday bias in EUR/GBP remains neutral for the moment and consolidation from 0.7888 could extend. With 0.7980 minor r... - Jul 22 06:27 GMT

Special Reports

RBNZ To Tighten Again In July, Might Pause Afterwards
Jul 22 04:14 GMT
Despite recent weak economic data, the RBNZ is expected to raise the OCR by ano...
BOC More Dovish Than Expected, Warned Of Sluggish Growth
Jul 17 03:19 GMT
The BOC left the policy rate unchanged at 1% in July and maintained a neutral t...
Chinese Growth Beat Expectations In 2Q14, Thanks To Stimulus
Jul 16 11:29 GMT
China's GDP grew +7.5% y/y in 2Q14, accelerating from +7.4% in the prior quarte...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
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Candlesticks Intraday Trade Ideas

Trade Idea Update: USD/CHF - Buy at 0.8970
As the greenback has surged again and broke above indicated resistance at 0.9013, adding credence to our view that early erratic ... - Jul 22 10:26 GMT
Trade Idea Update: GBP/USD - Sell at 1.7140
Cable's near term sideways trading is likely to continue and still reckon last week's low at 1.7036 would limit downside and near... - Jul 22 10:20 GMT
Trade Idea Update: EUR/USD - Sell at 1.3545
As the single currency has fallen again and broke below last week's low at 1.3491, adding credence to our bearishness for recent ... - Jul 22 10:18 GMT
Trade Idea Update: USD/JPY - Sell at 101.65
Although the greenback has risen again and near term upside risk remains for the rebound from 101.09 to extend gain to 101.65-70,... - Jul 22 09:57 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

GBP/USD Candlesticks and Ichimoku Analysis
Although the British pound did find renewed buying interest at 1.7060 last... - Jul 22 06:56 GMT
USD/CHF Candlesticks and Ichimoku Analysis
The greenback found renewed buying interest just below 0.8900 and has rall... - Jul 22 06:50 GMT
EUR/USD Candlesticks and Ichimoku Analysis
The single currency met renewed selling interest at 1.3651 earlier this mo... - Jul 21 07:02 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/JPY - Sell at 137.70
Euro's consolidation after last week's fall to 136.71 is likely to continue and although recovery to 137.60-70 cannot be ruled ou... - Jul 22 08:10 GMT
Trade Idea: AUD/USD - Hold short entered at 0.9400
Aussie's rebound after holding above indicated previous support at 0.9322 suggests further consolidation would be seen but still ... - Jul 22 08:05 GMT
Trade Idea: EUR/GBP - Buy at 0.7860
Although the single currency recovered after finding support at 0.7889 last week, reckon upside would be limited to 0.7950 and ne... - Jul 21 14:10 GMT
Trade Idea: USD/CAD - Stand aside
Although the greenback has rebounded after finding support at 1.0709 on Friday, a firm break above last week's high of 1.0794 is ... - Jul 21 14:04 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

GBP/USD Elliott Wave Analysis
As the British pound has retreated after last week's marginal rise to... - Jul 22 08:44 GMT
GBP/JPY Elliott Wave Analysis
The British pound broke above previous resistance at 174.85 earlier t... - Jul 22 08:32 GMT
USD/JPY Elliott Wave Analysis
Despite rebounding to 101.79 initially last week, as the greenback me... - Jul 21 10:00 GMT
More Elliott Wave Weekly Analysis >>

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Currency Heat Map (Daily)

USD EUR JPY GBP CHF
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Last Updated: Jul 22 11:15 GMT

Action Bias

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

Fundamental Analysis Reports

EUR/USD: Euro Dips On Gaza, Ukraine Tensions
Jul 22 10:51 GMT, by MarketPulse
EUR/USD has lost ground on Tuesday, as the pair trades below the low-1.35 line in the European session. Continuing violence in Gaza and Ukraine has lent support to the safe-haven US dollar. On the re...
European Market Update: EU Leaders Debate Whether Further Sanctions Are Needed On Russia
Jul 22 10:44 GMT, by Trade The News
The EUR/USD continued to exhort pressure on the downside as it probed the lower end of its 7-week range. EU foreign ministers debated about more sanctions against Russia was one factor in its price a...
EU Leader Meet In Brussels
Jul 22 10:25 GMT, by Swissquote Bank SA
Geopolitical events continued to dominate the news and have marginally weighed on risk appetite. However, there is little sign that risk aversion flows are anything but temporary. Global equity marke...
European Stocks Pick Up Amid Hopes Of Easing Global Tensions
Jul 22 10:10 GMT, by ICN.com
The European markets opened higher on Tuesday, despite the lingering uncertainty in Eastern Europe and Middle east. But hopes of global tension easing were enough to kindly boost the sentiment.
UK Budget Deficit Little Changed In June On Soar In Revenues, Spending
Jul 22 09:06 GMT, by ICN.com
U.K. budget deficit was slightly changed last month as both tax receipts and government spending soared. Net borrowing reached 11.4 billion pounds compared with 11.5 billion pounds a year earlier. An...
Credit Suisse Posts Largest Loss Since 2008, Hit By US Settlement
Jul 22 09:05 GMT, by ICN.com
Credit Suisse on Tuesday posted a steep loss after settling an investigation with the authorities in the United States in May for $2.6 billion. Shares fell about 1.7 percent in early trading in Switz...
All Daily Fundamental Reports >>

Technical Analysis Reports

Technical Update - EURUSD, GBPUSD, USDJPY And USDCHF
Jul 22 10:39 GMT, by Admiral Markets
On Tuesday, the pair dropped below 1.3500 mark, decisively breaking below 38.2% Fib. retracement level to test a very important support near 1.3480-70 zone. Sustained trading below this support area ...
Yen Weakens On Ukraine And Middle East Events
Jul 22 10:19 GMT, by ZIFX.com
On Monday Dollar/Yen continued increasing insignificantly with almost 25 pips. The currency couple appreciated from 101.19 to 101.44 yesterday, matching the positive money flow sentiment at over +12%...
Technical Analysis for Major Currencies
Jul 22 10:08 GMT, by ICN.com
Linear Regression Indicators almost crossed over negatively, whereas Linear Regression Indicator 34 is attempting to negatively crossover with Linear Regression Indicator 55 as showing on graph. MACD...
Technical Analysis for Crosses
Jul 22 10:07 GMT, by ICN.com
The pair is fluctuating around 173.00 and we still wait for the breach of one of the critical levels at 172.50 support or 174.25 resistance for more confirmations. A breakout below the support will f...
NZDUSD Intraday: Elliott Wave Analysis
Jul 22 09:11 GMT, by Elliott Wave Financial Service
NZDUSD made five waves of decline from 0.8834 high, which has been high for the year so far. Well, this peak may stay there for some time now as impulsive decline like this confirms a change in trend...
Forex Technical Analysis
Jul 22 09:10 GMT, by DeltaStock Inc.
The reliable resistance at 1.3550 is still intact and the outlook is undoubtedly bearish, for a slide towards 1.3400 area. Initial resistance lies at 1.3512, followed by 1.3550. Crucial on the upside...
All Daily Technical Reports >>

Analysis Report Search

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Economic Data Reviews
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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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