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Dec 04 03:51 GMT

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Market Overview

Weekly Review and Outlook: Euro to Take Center Stage With Italy Referendum and ECB
Dec 03 15:22 GMT, by ActionForex.com
Canadian dollar surged broadly last week as the highly anticipated OPEC meeting finally delivered an agreement on production cut. WTI crude oil surged 51.80 and took the Loonie, as well as stocks higher. The Canadian Dollar was also boosted by better than expectation employment data. Nonetheless, Canadian Dollar was overwhelmed by the strength of ...
US Session: Orders and Options Watch
Dec 02 15:02 GMT, by ActionForex.com
EUR: Euro retreated after meeting resistance at 1.0690, offers are still noted at 1.0690-00 (option related), 1.0730 and 1.0745-50, sell orders are reported at 1.0780 and 1.0800, selling interest is tipped at 1.0820 and 1.0850. On the downside, bids are seen at 1.0620-25 and 1.0600, buy orders are expected at 1.0580, 1.0550-55 and 1.0530, buying i...
Mid-Day Report: Dollar Showing Muted Reaction to Mixed Non-Farm Payroll
Dec 02 13:44 GMT, by ActionForex.com
Dollar is having little initial reaction after non-farm payroll. The US job market grew 178k in November, slightly above expectation of 170k. However, prior month's figure was revised lower from 161k to 142k. Unemployment rate is a positive surprise, dropping to nine year low of 4.6%, much better than expectation of being unchanged at 4.9%. The ne...
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Technical Outlook

EUR/USD Weekly Outlook
EUR/USD turned into consolidative price actions last week. Initial bias stays neutral this week first. Another recovery... - Dec 03 12:13 GMT
USD/JPY Weekly Outlook
USD/JPY's rebound from 98.97 resumed last week and reached 114.82. Initial bias remains on the upside this week for 61.... - Dec 03 12:08 GMT
GBP/USD Weekly Outlook
GBP/USD's break of 1.2673 resistance indicate resumption whole rebound from 1.1946. Initial bias stays on the upside fo... - Dec 03 12:03 GMT
USD/CHF Weekly Outlook
USD/CHF lost momentum ahead after hitting 1.0204 but it managed to hold on to 1.0078 support. Initial bias remains neut... - Dec 03 11:58 GMT
AUD/USD Weekly Outlook
AUD/USD's rebounded was limited at 0.7496, below 0.7500 resistance and reversed. But subsequent fall lost momentum afte... - Dec 03 11:46 GMT
USD/CAD Weekly Outlook
USD/CAD's fall from 1.3588 extended lower last week and the breach of 1.3263 support is taken as the first sign of near... - Dec 03 11:41 GMT
GBP/JPY Weekly Outlook
GBP/JPY's rally from 122.36 extended to as high as 145.17 last week. Near term outlook stays bullish with 138.49 suppor... - Dec 03 11:22 GMT
EUR/JPY Weekly Outlook
EUR/JPY's rally continued last week and reached as high as 121.88. Due to loss of upside momentum, as seen in 4 hours M... - Dec 03 11:17 GMT
EUR/GBP Weekly Outlook
The fall from 0.9304 extended lower to 0.8368 last week and met 0.8399 fibonacci level. There is no sign of bottoming y... - Dec 03 11:08 GMT
EUR/AUD Weekly Outlook
EUR/AUD continued to stays in sideway trading above 1.4072 last week and outlook remains unchanged. Initial bias remain... - Dec 03 10:59 GMT
EUR/CHF Weekly Outlook
EUR/CHF rebounded to 1.0816 last week but lost momentum since then. The failure to stay above 55 days EMA suggests that... - Dec 03 10:55 GMT
GBP/USD Mid-Day Outlook
Intraday bias in GBP/USD remains on the upside for 61.8% projection of 1.1946 to 1.2673 from 1.2301 at 1.2750 first. Br... - Dec 02 14:00 GMT

Special Reports

Chinese Manufacturing Activities Improved Further In November
Dec 02 04:54 GMT
The official manufacturing PMI for China climbed +0.5 point higher to 51.7 in November, another mon...
OPEC and Non-OPEC Agree to Cut, but Can This Really Boost Oil Prices?
Dec 01 15:30 GMT
To the market's surprise, OPEC announced to cut production to 32.5M bpd, the lower end of the targe...
Quick Guide to Italian Referendum on Senate Reform
Nov 30 14:49 GMT
Following Brexit and Donald Trump's victory in US presidential election, the Italian referendum thi...
FOMC Minutes Affirmed Rate Hike To Come 'Relatively Soon'
Nov 24 06:26 GMT
The FOMC minutes for the November meeting added little news to the post-meeting statement. Yet, it ...
Weak Renminbi Trend To Continue
Nov 22 10:58 GMT
While USDCNY has risen to levels not seen since 2008, we do not expect the trend to end any time so...
RBA Reiterated Neutral Bias In November Minutes
Nov 15 06:50 GMT
The RBA minutes for the November meeting delivered a neutral bias but sent little new information f...
All Special Reports >>
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