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May 28 03:51 GMT

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Daily Report: Dollar Firm With USD/JPY Breaks 7 Year High
May 28 02:49 GMT, by ActionForex.com
US equities staged a strong rebound overnight, in particular, with NASDAQ closing at new record high of 5106.56, up 73.84 pts, or 1.47%. DJIA also closed up 121.45 pts, or 0.67% at 18162.99 after drawing strong support from 55 days EMA. Similar picture was seen in S&P 500 which closed at 2123.48, up 19.28 pts or 0.92%. There were talks that th...
US Session: Orders and Options Watch
May 27 14:42 GMT, by ActionForex.com
EUR: The single currency slipped again and dropped to 1.0819 before rebounding again in NY morning, however, offers are still noted at 1.0930 and 1.0960, more sell orders are reported at 1.0980 and 1.1000, selling intrest should emerge around 1.1020 and 1.1050. On the downside, bids are now seen at 1.0820, 1.0800 and 1.0785, buy orders are expecte...
Mid-Day Report: Canadian Dollar Remains Soft as BoC on Hold and Stays Neutral
May 27 14:19 GMT, by ActionForex.com
Canadian dollar remains soft against the greenback in early US session after BoC rate announcement. As widely expected, Bank of Canada left the overnight rate target unchanged at 0.75% as widely expected. In the accompanying statement, the central bank noted that inflation continues to track the path outlined in the April Monetary Policy Report....
All Market Overview Reports >>

Technical Outlook

GBP/JPY Daily Outlook
GBP/JPY's rally resumes after brief consolidation and intraday bias is back on the upside. Current up trend should now ... - May 28 03:34 GMT
EUR/JPY Daily Outlook
The rebound from 133.09 extends higher today and break of 135.34 minor resistance suggests that pull back from 136.95 i... - May 28 03:31 GMT
EUR/GBP Daily Outlook
EUR/GBP lost some downside momentum but with 0.7162 minor resistance intact, deeper decline is still expected to 0.7013... - May 28 03:25 GMT
EUR/AUD Daily Outlook
Intraday bias in EUR/AUD remains neutral for the moment. We're still preferring the case that fall from 1.5331 has comp... - May 28 03:24 GMT
EUR/CHF Daily Outlook
Intraday bias in EUR/CHF remains neutral for the moment. Break of 1.0522 resistance will revive the case that choppy fa... - May 28 03:22 GMT
EUR/USD Daily Outlook
EUR/USD lost some downside momentum after hitting 1.0818. But further fall is still expected as long as 1.1063 resistan... - May 28 03:04 GMT
GBP/USD Daily Outlook
Intraday bias in GBP/USD remains neutral for the moment. In case of deeper pull back, we'd expect strong support from 1... - May 28 03:02 GMT
USD/CHF Daily Outlook
USD/CHF remains lost some momentum after hitting 0.9542 and intraday bias is turned neutral first. Another rise is stil... - May 28 03:00 GMT
USD/JPY Daily Outlook
USD/JPY reaches as high as 124.24 so far today and breached 124.13 key resistance. Intraday bias remains on the upside ... - May 28 02:55 GMT
USD/CAD Daily Outlook
Intraday bias in USD/CAD remains on the upside for the moment. As noted before, corrective fall from 1.2834 is complete... - May 28 02:52 GMT
AUD/USD Daily Outlook
AUD/USD's fall continues and reaches as low as 0.7682 so far today. Intraday bias remains on the downside for retesting... - May 28 02:49 GMT
USD/CAD Mid-Day Outlook
Intraday bias in USD/CAD remains on the upside for the moment. As noted before, corrective fall from 1.2834 is complete... - May 27 14:17 GMT

Special Reports

BOJ Expects Inflation To Achieve Target Later Than Expected. Yen Slumped
May 27 06:26 GMT
Japanese yen slumped as BOJ minutes unveiled that Japan’s inflation would reach target later than p...
Fed Unveiled Rate Hike In June Unlikely
May 21 03:42 GMT
The FOMC minutes for the April meeting contained little news. Yet, the indication that a rate hike ...
BOE Minutes Warned Of Upside Risks In Housing Market
May 20 11:12 GMT
Delivering little surprise, the BOE minutes for the May showed that policymakers voted unanimously ...
RBA Stays Open For Further Easing
May 19 06:37 GMT
RBA minutes for the May meeting unveiled that policymakers had consider reducing interest rates in ...
RBNZ Paves Way for Rate Cut
May 15 07:15 GMT
We believe the chance of a RBNZ rate cut in June has increased. In the Financial Stability Report r...
BOE Downgraded Growth Outlook in Latest Inflation Report
May 13 14:16 GMT
The quarterly inflation report shows that the BOE has been less optimistic over UK's growth outlook...
All Special Reports >>
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