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May 31 11:52 GMT

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Market Overview

European Session: Orders and Options Watch
May 31 11:06 GMT, by ActionForex.com
EUR: The single currency retreated after meeting resistance at 1.1155, however, bids are still noted at 1.1120, 1.1100 and 1.1080, buy orders are reported at 1.1065 and 1.1050, buying interest is tipped at 1.1030 and 1.1000. On the upside, offers are seen at 1.1155, 1.1185 and 1.1200, sell orders are expected at 1.1230, 1.1250 (sizeable) and 1.128...
Daily Report: Yen Broadly Lower as Selloff Continues
May 31 03:35 GMT, by ActionForex.com
Yen continues to trade broadly lower and the weakness is lifting Nikkei mildly. At the time of writing, USD/JPY is trading steadily above 111 handle while Nikkei is up 0.5%. Expectation of rate hike by Fed in June or July is certainly giving USD/JPY a lift. But the broad based weakness in the Japanese currency is more likely due to speculations of...
US Session: Orders and Options Watch
May 30 15:11 GMT, by ActionForex.com
JPY: The greenback retreated after rising to 111.45, however, bids are noted at 110.90-00, 110.70 and 109.40-50, buy orders are reported at 109.20, 109.00 and 108.75, buying interest should emerge around 108.50, 108.20-30 and 108.00. On the upside, offers are seen at 111.45-50, 111.65 and 111.80-90, selling interest is tipped at 112.10, 112.40-50 ...
All Market Overview Reports >>

Technical Outlook

EUR/AUD Daily Outlook
Intraday bias in EUR/AUD remains neutral for consolidation below 1.5644 temporary top. Further rise is expected as long... - May 31 07:29 GMT
EUR/GBP Daily Outlook
Intraday bias in EUR/GBP stays neutral for the moment for consolidations. There is no clear sign of bottoming yet and o... - May 31 07:27 GMT
EUR/CHF Daily Outlook
Intraday bias in EUR/CHF remains neutral for the moment and some more consolidations could be seen. Near term outlook w... - May 31 07:24 GMT
AUD/USD Daily Outlook
Intraday bias in AUD/USD remains neutral for the moment. Further is expected as long as 0.7259 resistance holds. Sustai... - May 31 07:21 GMT
USD/CAD Daily Outlook
Intraday bias in USD/CAD remains neutral for the moment. At this point, we're favoring the bullish case. That is, whole... - May 31 07:19 GMT
EUR/USD Daily Outlook
Intraday bias in EUR/USD remains on the downside as fall from 1.1615 would extend to channel support (now at 1.1080). A... - May 31 07:11 GMT
GBP/USD Daily Outlook
Intraday bias in GBP/USD remains neutral for the moment. Overall, near term outlook stays a bit mixed as the pair is st... - May 31 07:06 GMT
USD/CHF Daily Outlook
Intraday bias in USD/CHF remains on the upside for the moment. Current rise from 0.9443 should extend to 61.8% retracem... - May 31 07:03 GMT
USD/JPY Daily Outlook
Intraday bias in USD/JPY remains on the upside for 111.85 resistance. Break of trend line in 4 hours MACD should pick u... - May 31 03:53 GMT
EUR/JPY Daily Outlook
Intraday bias in EUR/JPY remains neutral as the corrective price action from 121.47 might continue. With 126.46 resista... - May 31 03:49 GMT
GBP/JPY Daily Outlook
GBP/JPY's rise continues today and the break of 162.80 resistance now argues that a medium term bottom is formed at 151... - May 31 03:36 GMT
EUR/JPY Daily Outlook
Intraday bias in EUR/JPY remains neutral as the corrective price action from 121.47 might continue. With 126.46 resista... - May 30 13:06 GMT

Special Reports

GBP Prone To Trend Lower In Medium-Term After Brexit Referendum
May 30 10:01 GMT
The greenback has rallied against most currencies since the more-hawkish-than-expected April FOMC m...
BOC Keeps Powder Dry, Negative Impacts Of Wildfire Likely Temporary, More Optimistic Over US Growth
May 26 01:55 GMT
BOC left its overnight night rate unchanged at 0.5% in May. Policymakers discussed about the impact...
PBOC Seeks Tighter Control Over Renminbi As China Seeks Stability
May 25 10:02 GMT
PBOC fixed USDCNY at 6.5693, the highest level since 2011, on May 25. Indeed, resumption in USD str...
ECB Worries About Weak Inflation Expectations, Defends Independence
May 20 03:45 GMT
ECB minutes for the April 21 meeting failed to surprise. The members were disappointed that inflati...
FOMC Minutes Spur Hopes Of June Rate Hike
May 19 03:55 GMT
The modestly-hawkish FOMC minutes for the April 28 meeting lifted hopes of June rate hike. Policyma...
RBA Minutes Unveiled Members Had Considered Putting On Hold In May
May 17 04:54 GMT
The RBA in its minutes for the May meeting explained in details the rationale for the surprising ra...
All Special Reports >>
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