ActionForex.com
Apr 17 09:56 GMT

Sponsors

Forex Expos

Action Insight

European Session: Orders and Options Watch
Apr 17 09:07 GMT, by ActionForex.com
GBP: The British pound surged again, offers and stops at 1.6820-30 were cleared, however, sell orders are still noted at 1.6850 (stops above) and 1.6870-80, mixture of offers and stops is tipped at 1.6900-10. On the downside, bids are raised to 1.6780-85 and 1.6750 (stops below), buy orders are located at 1.6720-30 and 1.6700, indicated decent dem...

Technical Outlook

EUR/USD Daily Outlook
Intraday bias in EUR/USD stays neutral as the consolidation from 1.3905 temporary top continues. We'd holding on to the... - Apr 17 09:06 GMT
GBP/USD Daily Outlook
GBP/USD's rally extends higher and the break of 1.6822 indicates that whole rise form 1.4813 has resumed. Intraday bias... - Apr 17 09:04 GMT
USD/CHF Daily Outlook
Intraday bias in USD/CHF remains neutral as consolidation from 0.8742 continues. Upside of the recovery is expected to ... - Apr 17 08:59 GMT
USD/JPY Daily Outlook
No change in USD/JPY's outlook. While recovery from 101.32 might extend higher, we'd expect strong resistance below 104... - Apr 17 08:57 GMT

Special Reports

BOC Stands On The Sideline, Warned Of Risks Of Low Inflation
Apr 17 05:20 GMT
As widely anticipated, the BOC left the policy rate unchanged at 1%. Policymake...
RBA Minutes Maintains Neutral Policy Stance
Apr 15 05:25 GMT
The RBA minutes for the April meeting echoed the neutral stance of policymakers...
Headline Chinese Trade Data Distorted by Over-Invoicing Last Year
Apr 10 12:17 GMT
Chinese trade data surprised to the downside as exports surprisingly contracted...
All Special Reports >>

Markets Snapshot

Action Insight Newsletter
Email:

Candlesticks Intraday Trade Ideas

Trade Idea: USD/CHF - Sell on break of 0.8780
Although the greenback has retreated again after yesterday's brief rise to 0.8829, break of indicated support at 0.8781 (yester... - Apr 17 08:14 GMT
Trade Idea: GBP/USD - Buy at 1.6770
Current breach of indicated resistance at 1.6820-23 confirms early upmove has resumed and further gain to 1.6870-80 and possibl... - Apr 17 08:09 GMT
Trade Idea: EUR/USD - Buy at 1.3760 or on break of 1.3865
Although the single currency has rebounded again after finding support around the lower Kumo, above indicated esistance at 1.38... - Apr 17 07:59 GMT
Trade Idea: USD/JPY - Stopped profit and stand aside
  Despite yesterday's rebound to 102.37, failure to extend such rise and the subsequent retreat dampened our bullishness and wea... - Apr 17 07:48 GMT
More Candlesticks Trade Ideas >>

Canadlesticks and Ichimoku Weekly Analysis

NZD/USD Candlesticks and Ichimoku Analysis
Although kiwi did find renewed buying interest at 0.8514 earlier this mo... - Apr 16 07:20 GMT
AUD/USD Candlesticks and Ichimoku Analysis
Although aussie extended recent upmove to 0.9461 last week, the quick re... - Apr 16 07:17 GMT
GBP/USD Candlesticks and Ichimoku Analysis
Although the British pound did rally last week in line with our bullish ex... - Apr 15 06:21 GMT
More Ichimoku Weekly Analysis >>

Elliott Wave Daily Trade Ideas

Trade Idea: EUR/JPY - Sell at 142.20
As the single currency has rebounded again after finding support at 140.99, suggesting near term upside risk remains for test o... - Apr 17 09:35 GMT
Trade Idea: AUD/USD - Buy at 0.9260
Although aussie recovered after falling to 0.9332 yesterday, reckon 0.9426 would limit upside and near term downside risk remai... - Apr 17 09:31 GMT
Trade Idea: EUR/GBP - Stand aside
Current break of previous support at 0.8231 dampened our near term bullishness and downside risk remains for the fall from 0.84... - Apr 16 15:04 GMT
Trade Idea: USD/CAD - Hold long entered at 1.0890
As long as indicated support at 1.0942 holds, near term bullishness remains for the rise from 1.0858 low to bring at least a re... - Apr 16 15:00 GMT
More Elliott Wave Trade Ideas >>

Elliott Wave Weekly Analysis

AUD/USD Elliott Wave Analysis
Despite last week's rise to 0.9461, as aussie has retreated this we... - Apr 16 09:37 GMT
EUR/CAD Elliott Wave Analysis
As the single currency has rebounded after holding above psychologi... - Apr 16 09:30 GMT
GBP/USD Elliott Wave Analysis
Despite rising to 1.6820 last week, as the British pound has retreate... - Apr 15 08:58 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: Apr 17 09:50 GMT

Action Bias

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

Forex Brokers

Fundamental Analysis Reports

BoC's Poloz Vows To Downplay The Fastening Inflation In Canada
Apr 17 09:51 GMT, by Swissquote Bank SA
The US dollar is broadly offered versus G10 and EM currencies after Fed Chair Yellen is back to her dovish camp (where we originally saw her). In her speech yesterday, Yellen said the rates will rema...
Dollar Slips In Quite Pre-Easter Break Trades
Apr 17 09:46 GMT, by ICN.com
The dollar declined against major counterparts in European Thursday, after Federal Reserve Chairwoman Janet Yellen stressed the need for accommodative policy, citing persistently low inflation and ec...
BoC Keeps Rates On Hold, Tries To Talk Down Loonie
Apr 17 09:23 GMT, by Dukascopy Swiss FX Group
The loonie has been steadily appreciating since March, adding pressure on the land of the maple leaf. The nation's policymakers are trying to talk down the currency without introducing any bold measu...
Japan To Downgrade Its Growth Outlook?
Apr 17 09:04 GMT, by Dukascopy Swiss FX Group
Haruhiko Kuroda affirmed his upbeat view on the world's third largest economy this week, even despite a recent appreciation in the Yen and a slump in Japanese stocks, stressing that growth will pick ...
Inflation Confirmed At 0.5%
Apr 17 08:47 GMT, by Dukascopy Swiss FX Group
It seems that investors neither paid attention to Fed's pledge to start raising interest rates next year nor they took seriously Mario Draghi's speech in Washington DC. Furthermore, unrevised inflati...
Low U.S. Inflation Is A Key Concern For Now
Apr 17 08:46 GMT, by Dukascopy Swiss FX Group
Even though a number of economic indicators points at further strengthening of the U.S. economy in the months to come, the head of the Federal Reserve, Janet Yellen, said on Wednesday that she saw in...
All Daily Fundamental Reports >>

Technical Analysis Reports

Dollar/Yen Hurt By Yellen's Low Rate Comments
Apr 17 09:37 GMT, by ZIFX.com
On Wednesday Dollar/Yen increased with 55 pips. The currency couple appreciated from 101.79 to 102.37 yesterday, not matching the negative money flow sentiment at nearly -12%, closing the day at 102....
Forex Technical Analysis
Apr 17 09:30 GMT, by DeltaStock Inc.
Yesterday's break through 1.3830 support after the intraday peak at 1.3850 has neutralized the positive bias and the pair is caught in a tight range. Although there is a risk of one more downswing fo...
Technical Analysis for Major Currencies
Apr 17 09:18 GMT, by ICN.com
The pair's bullish attempts remained limited below 1.3850 levels, but we see a new attempt with the beginning of the European session today, whereas the pair is stable above Linear Regression Indicat...
Technical Analysis for Crosses
Apr 17 09:18 GMT, by ICN.com
The pair stabilized close to 172.00 levels and is showing sideways and tight range trading affected by the negativity of momentum indicators, which might trigger further sideways fluctuation till the...
Today's Market Outlook
Apr 17 08:32 GMT, by Windsor Brokers Ltd
The Euro holds positive near-term tone off fresh low at strong 1.3789 support, as the price stabilizes above 1.38 higher base, supported by daily 20SMA / Tenkan-sen line. Recovery attempts are so far...
USDJPY Elliott Wave Analysis: Bearish Price Action In View
Apr 17 08:30 GMT, by Elliott Wave Financial Service
USDJPY has turned nicely down at the start of the year from 105.50. A decline can be counted in five waves, so we think that this is first leg of minimum three waves bearish structure. Therefore we a...
All Daily Technical Reports >>

Analysis Report Search

Central Bank Analysis
Economic Data Reviews
Technical Analysis

Long Term Forecasts

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 ...
GBP/USD - 2013 In Review
Dec 26 02:30 GMT, by MarketPulse
The Bank of England revised its growth forecast for 2013 to 1.6%, up from 1.4% in a previous foreca...
EUR/USD - 2013 in Review
Dec 25 13:46 GMT, by MarketPulse
The ECB is expecting better news in 2014, with the Eurozone economy expected to post growth of 1%. ...
All Long Term Forecasts >>
ActionForex.com © 2014 All rights reserved.