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Aug 29 20:54 GMT

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Market Overview

Weekly Review and Outlook: Dollar Rebounded after Market Turmoil
Aug 29 17:48 GMT, by ActionForex.com
It was another week of roller coaster ride in the financial markets with a surprising end. DJIA tumbled to as low as 15370.33, over 1000 pts down from prior week's close of 16459.75. But the index then staged a strong rebound and has indeed closed the week up at 16643.01. Crude oil dipped to as low as 37.75 be rebounded strongly to close the week ...
US Session: Orders and Options Watch
Aug 28 14:22 GMT, by ActionForex.com
EUR: The single currency retreated after meeting resistance at 1.1310 and bids at 1.1265-70 and 1.1250 were filled but buy orders are reported at 1.1225-30 and 1.1200, buying interest should emerge around 1.1185 and 1.1150. On the upside, offers are seen at 1.1275-80, 1.1300-10 and 1.1325, sell orders are expected at 1.1340 and 1.1355-60, more sel...
Mid-Day Report: Dollar Firm Despite Mixed Fed Comments
Aug 28 13:58 GMT, by ActionForex.com
Dollar stays firm today as markets is heading for the weekly closes. There are some mixed comments from Fed officials regarding rate hike. St Louis Fed president James Bullard said that recent market volatility over the past 10 days would not very much change the economic outlook as seen by Fed. He noted that if the FOMC meeting happens this wee...
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Technical Outlook

EUR/USD Weekly Outlook
EUR/USD surged to as high as 1.1713 last week but faced strong resistance below 1.1810 fibonacci level and reversed. In... - Aug 29 15:25 GMT
USD/JPY Weekly Outlook
USD/JPY dropped sharply to 116.13 last week. The pair then drew support from 115.55/116.38 (38.2% retracement of 101.08... - Aug 29 15:17 GMT
GBP/USD Weekly Outlook
GBP/USD rose to 1.5817 last week but dropped sharply since then. The development suggests that the corrective pattern f... - Aug 29 15:03 GMT
USD/CHF Weekly Outlook
USD/CHF dived to as low as 0.9256 last week but rebounded strongly since then. The development suggests that recent sid... - Aug 29 14:56 GMT
AUD/USD Weekly Outlook
AUD/USD dived to 0.7035 last week but recovered since then. Initial bias stays neutral this week for sideway consolidat... - Aug 29 14:44 GMT
USD/CAD Weekly Outlook
USD/CAD's rally continued to 1.3353 last week but lost momentum after breaching 1.3287 fibonacci level. Initial bias st... - Aug 29 12:36 GMT
GBP/JPY Weekly Outlook
GBP/JPY dropped to as low as 183.14 last week but was supported above 61.8% retracement of 174.86 to 195.86 at 182.88 a... - Aug 29 12:30 GMT
EUR/JPY Weekly Outlook
EUR/JPY's fall from 138.99 extended lower last week but stays above 134.99 support so far. Initial bias remains neutral... - Aug 29 12:25 GMT
EUR/GBP Weekly Outlook
EUR/GBP rose further to as high as 0.7421 last week but formed a short term top there and turned sideway. Initial bias ... - Aug 29 12:19 GMT
EUR/AUD Weekly Outlook
EUR/AUD surged further to 1.6587 last week but formed a short term top there and retreated. Initial bias stays neutral ... - Aug 29 12:14 GMT
EUR/CHF Weekly Outlook
EUR/CHF stayed in sideway consolidation below 1.0960 last week and outlook is unchanged. Initial bias remains neutral t... - Aug 29 12:04 GMT
USD/JPY Mid-Day Outlook
Intraday bias in USD/JPY stays neutral for consolidation above 116.13 temporary low. Upside of recovery should be limit... - Aug 27 14:10 GMT

Special Reports

Limited Impacts Expected from PBOC's Belated Easing
Aug 26 12:52 GMT
PBOC cut its policy rates by -25 bps, taking the benchmark one-year lending rate 4.60% and the one-...
Fed's Rate Hike Speculations Shrank. Less Likely to Hike Rates in September
Aug 26 12:41 GMT
The China-led global financial market crash has made the case of a September Fed rate hike increasi...
Euro Glitters In Global Financial Market Crash
Aug 25 06:45 GMT
Concerns over China's economic growth slowdown have intensified over the past 2 weeks. PBOC's annou...
Latest Data Suggesting Sustainable Growth In Japan Yet To Come
Aug 21 09:08 GMT
A number of economic data for Japan released during the week suggest that the recovery in the first...
July FOMC Minutes Dampened September Tightening Hopes
Aug 20 04:35 GMT
The July FOMC minutes turned out to be more dovish than expected. Despite improvement in various ma...
Pleasant Surprise In UK's Core CPI Driven By Timing Factor
Aug 19 10:20 GMT
British pound's strength these two days is mainly driven by the upbeat inflation report for July. H...
All Special Reports >>
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