ActionForex.com
Jul 31 09:21 GMT

Sponsors

Forex Expos

Action Insight

Market Overview

Daily Report: Yen Mildly Higher after Batch of Weak Data
Jul 31 04:05 GMT, by ActionForex.com
Asian markets are stuck in tight range after US stocks closed nearly flat overnight. Yen is mildly higher after a batch of weak data from Japan. National CPI rose slightly by 0.1% yoy in June versus expectation of 0.0%. But Tokyo CPI dropped -0.1% yoy in July versus expectation of 0.0% yoy. Recently, BoJ stayed optimistic that inflation will pick ...
US Session: Orders and Options Watch
Jul 30 14:41 GMT, by ActionForex.com
EUR: The single currency has fallen again after brief recovery, bids at 1.0940 were filled but buy orders are still noted at 1.0900 and 1.0880, buying interest is reported at 1.0860, 1.0820-25 and 1.0800, fresh demand is tipped at 1.0780, 1.0750 barrier (stops below) and 1.0720. On the upside, offers are now seen at 1.0980-85, 1.1000 and 1.1020, s...
Mid-Day Report: Dollar Lacks Follow Through Buying after GDP
Jul 30 13:02 GMT, by ActionForex.com
Dollar initially strengthens in early US session after release of a batch of economic data but it lacks follow through buying so far. US GDP grew 2.3% annualized in Q2, lower than expectation of 2.6%. Nonetheless, that's seen as a notable improvement over a sluggish Q1. Also Q1's figure was revised up to 0.6% gain, instead of -0.2% contraction bas...
All Market Overview Reports >>

Technical Outlook

EUR/USD Daily Outlook
Intraday bias remains neutral for the moment. As noted before, the corrective structure of current decline argues that ... - Jul 31 04:17 GMT
GBP/USD Daily Outlook
Intraday bias in GBP/USD remains neutral for the moment. Another rise is mildly in favor 1.5465 minor support holds. Ab... - Jul 31 04:15 GMT
USD/CHF Daily Outlook
Intraday bias in USD/CHF remains on the upside for 61.8% retracement of 1.0127 to 0.9072 at 0.9724 next. Sustained brea... - Jul 31 04:13 GMT
USD/JPY Daily Outlook
At this point, there is no follow through buying for USD/JPY to stay above 124.43 resistance yet. But with 123.00 suppo... - Jul 31 04:06 GMT
EUR/USD Mid-Day Outlook
Intraday bias remains neutral for the moment. As noted before, the corrective structure of current decline argues that ... - Jul 30 13:26 GMT
GBP/USD Mid-Day Outlook
Intraday bias in GBP/USD remains neutral for the moment. Another rise is mildly in favor 1.5465 minor support holds. Ab... - Jul 30 13:24 GMT
USD/CHF Mid-Day Outlook
Intraday bias in USD/CHF remains on the upside for 61.8% retracement of 1.0127 to 0.9072 at 0.9724 next. Sustained brea... - Jul 30 13:18 GMT
USD/JPY Mid-Day Outlook
The breach of 124.47 suggests that rebound from 120.40 is resuming. Intraday bias is mildly back on the upside. Sustain... - Jul 30 13:03 GMT
GBP/JPY Daily Outlook
Intraday bias in GBP/JPY remains neutral for the moment. We're viewing price actions from 195.86 as a sideway consolida... - Jul 30 10:33 GMT
EUR/JPY Daily Outlook
Intraday bias in EUR/JPY remains neutral for the moment. With 133.09 support intact, the rebound from 126.09 is still m... - Jul 30 10:31 GMT
EUR/GBP Daily Outlook
EUR/GBP is still limited below 0.7223 resistance and intraday bias stays neutral. Deeper decline is still expected as l... - Jul 30 10:29 GMT
EUR/AUD Daily Outlook
Intraday bias in EUR/AUD remains neutral for the moment as consolidation from 1.5274 continues. Further rise is still e... - Jul 30 10:25 GMT

Special Reports

FOMC Adjusted Economic Assessment, September Rate Hike Remains Open
Jul 30 06:08 GMT
In its July statement, the FOMC made some changes on its assessment of the current economic conditi...
China Might Soon Widen Renminbi Further to Get Included in IMF's SDR
Jul 29 06:56 GMT
Chinese State Council released a statement titled 'Key steps to promote foreign trade' last Friday ...
Watch For Forward Guidance In July FOMC Statement
Jul 27 17:26 GMT
The upcoming FOMC meeting in July would be in focus, as the market watches closely on whether the f...
China PMI Fell To Lowest Level In 15 Months
Jul 24 07:38 GMT
After HSBC terminated its PMI survey for China*, the newly renamed Caixin-Markit flash manufacturin...
RBNZ Cut OCR To 3%, Suggesting More Easing To Come
Jul 23 05:04 GMT
The RBNZ adopted rate cut for a second consecutive month in July, taking the OCR -25 bps lower to 3...
BOE Members Voted Unanimously To Keep Rate Unchanged On Greek Uncertainty, Split Expected In August
Jul 22 11:26 GMT
BOE minutes for the July meeting unveiled that policymakers voted unanimously (9-0) to keep the Ban...
All Special Reports >>
Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

Action Insight Newsletter
ActionForex.com © 2015 All rights reserved.