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Aug 31 04:41 GMT

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Daily Report: Asian Markets Lower on Revived Fed Hike Speculation, Heavy Week Ahead
Aug 31 03:31 GMT, by ActionForex.com
Asian markets open the week trading generally in red on revived talk of Fed rate hike. Nikkei is trading down -200 pts, or -1%, below 19000 handle at the time of writing. China stocks are also weighed down by confusions over the level of government support on the markets. The Shanghai composite ended a three day recovery and is trading down -3%. I...

Technical Outlook

EUR/USD Daily Outlook
Deeper fall is expected in EUR/USD with 1.1363 minor resistance intact. The corrective rise from 1.0461 could have comp... - Aug 31 04:10 GMT
GBP/USD Daily Outlook
With 1.5508 minor resistance intact, further decline is expected in GBP/USD. Recent development suggests that correctiv... - Aug 31 04:06 GMT
USD/CHF Daily Outlook
Recent sideway pattern in USD/CHF is possibly developing into a triangle. From a near term angle, strong resistance wou... - Aug 31 04:03 GMT
USD/JPY Daily Outlook
The rebound from 116.13 might extend higher. But we'd expect strong resistance above 61.8% retracement of 125.27 to 116... - Aug 31 04:00 GMT

Special Reports

Limited Impacts Expected from PBOC's Belated Easing
Aug 26 12:52 GMT
PBOC cut its policy rates by -25 bps, taking the benchmark one-year lending rat...
Fed's Rate Hike Speculations Shrank. Less Likely to Hike Rates in September
Aug 26 12:41 GMT
The China-led global financial market crash has made the case of a September Fe...
Euro Glitters In Global Financial Market Crash
Aug 25 06:45 GMT
Concerns over China's economic growth slowdown have intensified over the past 2...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
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Candlesticks Intraday Trade Ideas

Trade Idea Wrap-up: USD/CHF - Buy at 0.9515
Dollar's retreat after rising to 0.9673 yesterday suggests minor consolidation below this level would be seen and pullback to pre... - Aug 28 15:37 GMT
Trade Idea Wrap-up: GBP/USD - Stand aside
Although the British pound has fallen again after meeting renewed selling interest at 1.5443 and near term downside risk remains ... - Aug 28 15:33 GMT
Trade Idea Wrap-up: EUR/USD - Sell at 1.1370
As the single currency has retreated again after meeting resistance at 1.1310, suggesting retest of yesterday's low at 1.1203 wou... - Aug 28 15:28 GMT
Trade Idea Wrap-up: USD/JPY - Stand aside
As the greenback has remained confined within narrow range and further sideways trading is in store, near term upside risk remain... - Aug 28 15:22 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

EUR/JPY Candlesticks and Ichimoku Analysis
The single currency topped out at 139.01 and the subsequent stronger-than-... - Aug 28 09:57 GMT
USD/CAD Candlesticks and Ichimoku Analysis
The greenback did resume recent upmove in line with our bullish expectatio... - Aug 28 09:46 GMT
EUR/GBP Candlesticks and Ichimoku Analysis
Current anticipated rally after finding renewed buying interest at 0.7026 ... - Aug 27 07:53 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/GBP - Buy at 0.7230
Euro's retreat after faltering below resistance at 0.7364, retaining our view that further consolidation would be seen and test o... - Aug 28 14:25 GMT
Trade Idea: USD/CAD - Stand aside
As 1.3167 has contained the retreat from 1.3354 (this week's high), suggesting this pullback has ended and retest of 1.3354 would... - Aug 28 14:22 GMT
Trade Idea: EUR/JPY - Sell at 137.50
As the single currency found support at 135.26 and has recovered, suggesting consolidation above this level would be seen and reb... - Aug 28 10:17 GMT
Trade Idea: AUD/USD - Stand aside
Aussie found support at 0.7070 yesterday and has rebounded, retaining our view that further consolidation above this week's low a... - Aug 28 10:11 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

EUR/JPY Elliott Wave Analysis
Euro's retreat from 139.01 turned out to be stronger than expected, s... - Aug 28 10:48 GMT
USD/CHF Elliott Wave Analysis
The greenback found good support at 0.9259 and has staged a strong re... - Aug 28 10:43 GMT
EUR/GBP Elliott Wave Analysis
Euro's anticipated rally after finding renewed buying interest at 0.7... - Aug 27 08:44 GMT
More Elliott Wave Weekly Analysis >>

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Last Updated: Aug 31 04:35 GMT

Action Bias

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

European Open Briefing
Aug 31 04:24 GMT, by IC Markets
Currency markets finished last week's trading largely, by continuing a pullback from the large risk-aversion moves, of which many market watchers linked to concerns regarding China. The EUR/USD has c...
Wrap Up On Jackson Hole
Aug 31 02:57 GMT, by Danske Bank
Several FOMC members have voiced their opinions this weekend at the Jackson Hole Symposium. The most important was Vice Chair Stanley Fischer who participated in a panel discussion on Saturday on inf...
RBA Preview: Will The Bank Be Moved By Recent Events?
Aug 31 02:38 GMT, by Forex.com
The Reserve Bank of Australia (RBA) is widely expected to leave the official cash rate at 2.00% at its policy meeting on Tuesday, ahead of the release of growth figures on Wednesday. There have been ...
Jackson Hole Recap
Aug 31 02:36 GMT, by Vantage FX
The consensus out of the Jackson Hole Economic Symposium seems to be that central banks need to take a step back and view last week's market turmoil from the bigger picture. Yes markets experienced a...
Weekly Economic and Financial Commentary
Aug 29 08:44 GMT, by Wells Fargo Securities
It was a week that kept everyone on pins and needles. Recent Chinese news, including an unexpected yuan devaluation and a soft manufacturing survey, contributed to the most volatile week for equity m...
The Weekly Bottom Line
Aug 29 08:32 GMT, by TD Bank Financial Group
This week's events served as a reminder of how quickly sentiment can turn. While wild market gyrations made headlines every day, the mood became more upbeat in the latter part of the week. Investors ...
All Daily Fundamental Reports >>

Technical Analysis Reports

Weekly Technical Outlook And Review
Aug 31 04:09 GMT, by IC Markets
Weekly view: Weekly action shows that early on into last week's trade the EUR/USD began positively. Price traded to fresh highs of 1.1712, breaking above a weekly supply zone at 1.1532-1.1278 which j...
Market Morning Briefing
Aug 31 03:54 GMT, by Kshitij Consultancy Services
Euro (1.1236) and Pound (1.5430) have slightly risen from last week low near 1.1154 and 1.5334. Euro has equal chances of a bounce from here towards 1.15 or a further fall to 1.09 before bouncing bac...
Daily Technical Analysis
Aug 31 02:51 GMT, by FX Instructor
The EURUSD attempted to push higher last week topped at 1.1712 but whipsawed to the downside and closed lower at 1.1184 in a high volatile market. Price traded a little bit higher earlier today hit 1...
EURCHF - Remains Weak And Vulnerable
Aug 31 02:44 GMT, by FXTechstrategy
EURCHF - Having taken back its gains to close lower the past week, further weakness is envisaged in the new week. Support lies at the 1.0700 level where a break will aim at the 1.0650 level and then ...
EURUSD - Bias Remains To The Downside
Aug 31 02:43 GMT, by FXTechstrategy
EURUSD - EUR lost its upside momentum to close lower the past week leaving further downside pressure on the cards in the new week. However, note that a consolidation with a pullback higher may occur....
GOLD - Declines On Price Failure
Aug 31 02:41 GMT, by FXTechstrategy
GOLD - GOLD took back almost all of its previous week losses the past week to close lower on Friday. This development leaves risk lower with more weakness envisaged. However, a recovery in the new we...
All Daily Technical Reports >>

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Central Bank Analysis
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Long Term Forecasts

Euro Area Outlook for 2015: Impact of Broad-Based QE
Jan 17 03:46 GMT, by Danske Bank
The expected ECB QE programme will support economic activity through a number of channels and hence...
When Will the Bank of England Hike Rates?
Aug 16 08:33 GMT, by Wells Fargo Securities
In the first report of a two-part series on the outlook for Bank of England (BoE) monetary policy, ...
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...
All Long Term Forecasts >>
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