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Mid-Day Report: Dollar and Yen Retreats, Fed to Buy Commercial PaperOct 07 13:51 GMT, by ActionForex.com Dollar and yen continues to retreat today following higher open in the US stock markets with Dow back above the psychologically important 10,000 level. Dollar index is back below 81 level as dollar retreats. Oil recovers mildly to above 91 level while gold surges further to above...
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Daily Fundamental Reports |
US: Fed Targets the CP MarketOct 07 17:47 GMT, by Danske Bank The Federal Reserve has taken a drastic step in order to unfreeze the US commercial paper market. The central bank announced in a statement today that...
Bernanke Hints Stongly At Rate CutOct 07 17:43 GMT, by TheLFB-Forex.com In a speech given today on the subject of current economic and financial conditions, Federal Reserve Chairman Bernanke hinted strongly that a rate cut...
Forex Fundamental OutlookOct 07 16:16 GMT, by GCI Financial . The common currency bounced back from yesterday's sizable losses as the markets remain highly volatile and susceptible to credit-driven dislocations...
The World in Crisis: Where are the Safe Havens?Oct 07 16:12 GMT, by Merk Hard Currency Fund We have been warning for some time that "there is no such thing as a safe asset anymore, you have to take a diversified approach to something as munda...
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Daily Technical Reports |
Elliott Wave - EUR/USD, GOLDOct 07 17:42 GMT, by TheLFB-Forex.com Yesterday we mentioned the possible low on the euro at 1.3549, and whether the black wave v would be equal in distance of the 355 pips. The market pus...
Chart Of The Day: AUD/USDOct 07 16:46 GMT, by FX Solutions After having plunged over 700 pips within a single 24-hour period, price action on the AUD/USD daily chart, as shown, has currently begun consolidatin...
$/Yen, Downside Pattern not "Complete"...Oct 07 16:09 GMT, by Foreign Exchange Analytics The market has indeed spiked lower since then, yesterday’s tumbling all the way to 100.30 before stabilizing. However, the downside pattern is not yet...
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Action Insight Newsletter |
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Interest Rates |
 2.00% |
 4.25% |
 0.50% |
 5.00% |
 2.75% |
 3.00% |
 6.00% |
 7.50% |
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Speeches and Publications |
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| Forex Top Movers |
Ccy Heat Map |
| Pair | Rate | Chng % |
|---|
| EURAUD | 1.9022 | +1.70% |
| EURCAD | 1.5039 | +1.31% |
| NZDJPY | 64.04 | -1.11% |
| AUDJPY | 72.67 | -1.09% |
| NZDUSD | 0.6296 | -1.05% |
| GBPAUD | 2.4395 | +0.99% |
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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 |
1.3611 | Neutral | 1.3395 | 1.3657 |
| USDJPY |
101.81 | Neutral | 99.64 | 104.57 |
| GBPUSD |
1.7474 | Neutral | 1.7277 | 1.7660 |
| USDCHF |
1.1399 | Neutral | 1.1340 | 1.1549 |
| USDCAD |
1.1053 | Up | 1.0840 | 1.1115 |
| AUDUSD |
0.7166 | Neutral | 0.6893 | 0.7640 |
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