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Mid-Day Report: Dollar Indifferent to Housing Rebound, Aussie Surges with GoldMay 16 14:21 GMT, by ActionForex.com US new residential construction data posted surprisingly strong results in April and offered some hope to the markets that a turnaround in the housing markets may be in sight.. Housing starts climbed by a robust 8.2% to 1.032m annualized rate, largest monthly increase in more the...
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Daily Fundamental Reports |
Big Moves in the Currency MarketMay 16 21:59 GMT, by DailyFX For the better part of this past week, the Euro, Japanese Yen and British pound have been trapped within a tight trading range against the US dollar....
Greenback Falls as Oil SurgesMay 16 21:51 GMT, by CMS Forex The dollar fell against its rivals on Friday as US consumer confidence dropped to a 28-year low and crude oil rose to a record high, increasing concer...
Confidence Slumps to 28-year LowMay 16 19:32 GMT, by MG Financial Group The dollar slumped against the majors on Friday, falling to 1.56-versus the euro and 103.54 against the yen. The catalyst for the greenback's losses w...
Housing Starts Surprisingly Rose in AprilMay 16 18:30 GMT, by Wachovia Corporation Housing starts rose to an annual rate of 1.032M in April, well above consensus expectations. Gains were concentrated in the highly volatile multi-fami...
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Daily Technical Reports |
Chart Of The Day: AUD/NZDMay 16 15:29 GMT, by FX Solutions Price on the AUD/NZD daily chart, as shown, has just bumped up against resistance within the context of a rather well-defined parallel uptrend channel...
Technical Market ViewMay 16 15:00 GMT, by FX Greece AUD/USD: The base of 0,9270-00 was held and a correction to the upper part of the ranges of the last month is being formed. Resistance at 0,9500-50 is...
FX Thoughts for the DayMay 16 12:25 GMT, by Kshitij Consultancy Services Dollar-Swiss has found good Support at 1.0502 on the 4-hour chart today. This is potentially bullish. At the same time, Resistances at 1.0575 and 1.06...
Elliott Wave and Fibonacci PredictionsMay 16 12:20 GMT, by Capital Forex Group Traders, this market is really boring for the whole week now... so what to say about that... thanks for the weekend!!! You now, I just can't imagine m...
Technical Analysis Daily: USD/JPYMay 16 12:03 GMT, by iFOREX.bg The US Dollar descended sharply against the Japanese Yen, reaching 104.15, which is the first support for the currency couple today, than rose up to 1...
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Market News Updates |
Closing Market Recap: Canadian Dollar up Against USD, Equities Mixed May 16 20:21 GMT, by CEP News (CEP News) - The Canadian dollar opened the Friday session above parity against the U.S. dollar and held for most of the day, dipping below parity only briefly in the afternoon. The loonie remained remained above parity following soft University of M...
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Action Insight Newsletter |
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Interest Rates |
2.00% |
4.00% |
0.50% |
5.00% |
2.75% |
3.00% |
7.25% |
8.25% |
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Speeches and Publications |
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| Forex Top Movers |
Ccy Heat Map |
| Pair | Rate | Chng % |
|---|
| AUDUSD | 0.9553 | +1.57% |
| AUDCAD | 0.9546 | +1.54% |
| NZDUSD | 0.7734 | +1.24% |
| GBPAUD | 2.0483 | -1.07% |
| AUDJPY | 99.42 | +0.94% |
| USDCHF | 1.0474 | -0.91% |
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| USD |
| EUR | |
| JPY | |
| GBP | |
| CHF | |
| CAD | |
| AUD | |
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| Action Bias & Pivot Points |
| Currency |
Last |
Bias |
S1 |
R1 |
| EURUSD |
1.5575 | Up | 1.5396 | 1.5523 |
| USDJPY |
104.07 | Neutral | 104.33 | 105.20 |
| GBPUSD |
1.9570 | Up | 1.9417 | 1.9513 |
| USDCHF |
1.0475 | Neutral | 1.0504 | 1.0613 |
| USDCAD |
0.9990 | Neutral | 0.9970 | 1.0041 |
| AUDUSD |
0.9555 | Up | 0.9322 | 0.9451 |
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