ActionForex.com
Jul 29 00:30 GMT

Sponsors

Forex Expos

Action Insight

Mid-Day Report: Consolidative Trading Continues in Quiet Day, Busy Week ahead
Jul 28 14:03 GMT, by ActionForex.com
The financial markets remained steady in a quiet day today. European indices fluctuated between gain and loss so far. Meanwhile, US stocks also opened nearly flat, struggling below 17000 handle at the time of writing. 30 year yield is stuck in in tight range near to last week's low of 3.239 while 10 year yield is hovering around 2.480. The dollar ...

Technical Outlook

EUR/USD Mid-Day Outlook
EUR/USD lost some downside momentum today but intraday bias remains cautiously on the downside. Medium term trend could... - Jul 28 13:31 GMT
GBP/USD Mid-Day Outlook
Focus remains on 1.6952 support first. Decisive break there will argue that 1.7190 was already the medium term top and ... - Jul 28 13:29 GMT
USD/CHF Mid-Day Outlook
USD/CHF lost some upside momentum but at this point, intraday bias stays cautiously on the upside. The rise from 0.8702... - Jul 28 13:27 GMT
USD/JPY Mid-Day Outlook
USD/JPY lose some upside momentum today. But with with 101.60 minor support intact, further rise is in favor for 102.26... - Jul 28 13:23 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

Action Insight Newsletter
Email:

Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Buy at 0.8980
As dollar has eased after failing to penetrate last week's high at 0.9052, suggesting minor consolidation below this level would ... - Jul 28 15:38 GMT
Trade Idea Wrap-up: GBP/USD - Sell at 1.7050
Although cable's recovery from Friday's low of 1.6961 suggests minor consolidation would be seen and corrective bounce to 1.7000 ... - Jul 28 15:28 GMT
Trade Idea Wrap-up: EUR/USD - Buy at 1.3400
Although the single currency has recovered after holding above last week's low at 1.3421, reckon the Ichimoku cloud (now at 1.345... - Jul 28 15:25 GMT
Trade Idea Wrap-up: USD/JPY - Hold short entered at 101.70
Although dollar has eased after faltering below Friday's high of 101.94, break of previous resistance at 101.60 is needed to sugg... - Jul 28 15:21 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/USD Candlesticks and Ichimoku Analysis
The single currency continued to head south in line with our bearish expec... - Jul 28 07:21 GMT
USD/JPY Candlesticks and Ichimoku Analysis
As the greenback has rebounded after holding above this month's low at 101... - Jul 28 06:46 GMT
EUR/JPY Candlesticks and Ichimoku Analysis
The single currency only recovered to 138.45 before running into renewed s... - Jul 25 09:39 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Buy at 0.7855
Lack of follow through buying last week's breach of resistance at 0.7933 and the subsequent retreat from 0.7940 suggest near term... - Jul 28 14:41 GMT
Trade Idea: USD/CAD - Buy at 1.0770
The greenback has rallied on Friday and broke above previous resistance at 1.0794, adding credence to our view that low has been ... - Jul 28 14:34 GMT
Trade Idea: EUR/JPY - Buy at 136.70
Although the single currency retreated after last week's rebound to 137.25, as long as last week's low at 136.37 holds, consolida... - Jul 28 08:56 GMT
Trade Idea: AUD/USD - Stand aside
Despite last week's stronger-than-expected rebound to 0.9472, the subsequent retreat has retained our consolidative view and test... - Jul 28 08:49 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

USD/JPY Elliott Wave Analysis
Dollar's rebound after holding above support at 101.07 has retained o... - Jul 28 09:50 GMT
EUR/USD Elliott Wave Analysis
The single currency dropped again after meeting renewed selling inter... - Jul 28 09:42 GMT
EUR/JPY Elliott Wave Analysis
The single currency did meet renewed selling interest at 138.45 (we r... - Jul 25 10:25 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 29 00:25 GMT

Action Bias

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

Forex Brokers

Fundamental Analysis Reports

Sanctions Loom on Data-less Monday
Jul 28 16:08 GMT, by Forex.com
The big news around European circles today was the sheer lack of any news to grapple upon as no important data was released until North America joined the lighted side of the globe. Asian markets sta...
GDP/USD - Little Movement as US Housing Data Dips
Jul 28 16:07 GMT, by MarketPulse
GBP/USD is steady on Monday as the pair trades slightly below the 1.70 line in the North American session. The pound has been struggling, having given up about 150 points in little over a week. In ec...
USD/CAD - Rangebound Trade Continues
Jul 28 14:34 GMT, by MarketPulse
The Canadian dollar finds itself above the 1.08 line, following losses late last week against its US counterpart. In the US, Flash Services PMI was almost unchanged in June. Pending Home Sales shocke...
Major Events To Watch In The Week Ahead
Jul 28 13:08 GMT, by Admiral Markets
Despite of last week's mixed economic releases from the US, ranging from easing inflation data, slow moving housing sector data (existing and new home sales data) and durable goods orders beating exp...
AUD/USD - Stable Ahead of US Housing Data
Jul 28 13:06 GMT, by MarketPulse
AUD/USD has posted slight gains on Monday, as the pair trades slightly above the 0.94 line late in the European session. Today's highlight is US Pending Home Sales, with the markets braced for a decl...
USD/JPY - Steady as Markets Eye Japanese Consumer Spending Data
Jul 28 13:05 GMT, by MarketPulse
USD/JPY is calm on Monday, as the pair continues to trade in the high-101 range late in the European session. Today's highlight is US Pending Home Sales, with the markets braced for a decline in the ...
All Daily Fundamental Reports >>

Technical Analysis Reports

GBPUSD Bulls Standing on the Precipice
Jul 28 13:33 GMT, by Forex.com
It's been an excruciating slow start to the trading week with an absolutely barren economic calendar in both Asia and Europe today. Over the weekend, news hit the wires that the US and Europe are pre...
EUR/USD May Accelerate Losses in this Busy Week
Jul 28 13:11 GMT, by Forex.com
Like many other FX pairs the EUR/USD has been trading in a very tight range so far today. This is mainly due to the lack of any major European macroeconomic pointers and as investors await direction ...
Forex Technical Analysis
Jul 28 09:53 GMT, by DeltaStock Inc.
Last week's uptrend has been corrected with the minor pullback below 101.85 and now the upmove is renewed, for a break through 102.25, en route to 102.80. Key static support lies at 101.60.
Today's Market Outlook
Jul 28 09:27 GMT, by Windsor Brokers Ltd
The Euro remains negative and extends the third wave which commenced from 1.3699, 01 July lower top. The pair so far met its target at 1.3620, Fibonacci 138.2% expansion, above which near-term price ...
USDCHF Elliott Wave Analysis: Ending Diagonal Suggests For Bullish Move
Jul 28 09:24 GMT, by Elliott Wave Financial Service
USDCHF bounced sharply from the lows few months back, and it seems that this bullish legs will now continue as latest retracement from the highs has unfolded in a corrective manner. We would not be s...
IMM Positioning: EUR Shorts At Stretched Levels But Trend Intact
Jul 28 09:16 GMT, by Danske Bank
Speculators increased their short EUR positioning to the highest level since November 2012, in absolute terms. As of Tuesday 22 July, speculators were net short EUR 26.2% of open interest. Short EUR ...
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.