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Mid-Day Report: Yen Surges as Global Stocks Tumble, Dow below 10000Oct 06 14:09 GMT, by ActionForex.com Risk aversion remains the main theme in the forex markets in early US session. Investors panic of deepening of global credit crisis. Dow opens sharply lower and fell over 400 pts to below 10000 level for the first time in four years, following weakness in European and Asian stoc...
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Daily Fundamental Reports |
Dollar Index And The Financial SectorOct 06 21:38 GMT, by TheLFB-Forex.com The index traded in pure risk-aversion mode as equity markets plunged around the globe. Large gains were seen against the high-yielding euro, pound an...
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Daily Technical Reports |
Dollar Index Approaching a Multiweek HighOct 06 16:39 GMT, by TheLFB-Forex.com $USD appears to have finished (at 71.05 on 22 April 2008) the W.C of the ABC correction off the July 2001 high. In both time-frames, price subsequentl...
Chart Of The Day: GBP/USDOct 06 16:34 GMT, by FX Solutions The continued plummet on the GBP/USD daily chart, as shown, has just made a new two and a half year low on this key pair. In the process, price has br...
Weekly Forex Technical OverviewOct 06 16:07 GMT, by GFT Euro/dollar collapsed to a 14-month low last week, falling every day of the week. My model turned short last Monday, and the bias remains downward. Im...
Dollar and Yen SurgeOct 06 15:42 GMT, by DailyFX The US dollar and Yen surged today. Expect the Yen to continue its asecnt, as the USDJPY target is not until below 95.71. Recent commentary was “I fav...
FX Thoughts for the DayOct 06 12:31 GMT, by Kshitij Consultancy Services Cable had dipped to a low of 1.7515 during the day and has since then risen to the current levels. The day ahead is expected to see the pair rise furt...
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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% |
7.00% |
7.50% |
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Speeches and Publications |
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| Forex Top Movers |
Ccy Heat Map |
| Pair | Rate | Chng % |
|---|
| NZDJPY | 64.45 | -0.47% |
| NZDUSD | 0.6340 | -0.35% |
| AUDNZD | 1.1388 | +0.32% |
| USDCHF | 1.1441 | -0.31% |
| EURUSD | 1.3541 | +0.28% |
| EURCAD | 1.4882 | +0.27% |
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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 |
1.3542 | Neutral | 1.3395 | 1.3657 |
| USDJPY |
101.61 | Neutral | 99.64 | 104.57 |
| GBPUSD |
1.7471 | Neutral | 1.7277 | 1.7660 |
| USDCHF |
1.1439 | Neutral | 1.1340 | 1.1549 |
| USDCAD |
1.0991 | Neutral | 1.0840 | 1.1115 |
| AUDUSD |
0.7225 | Neutral | 0.6893 | 0.7640 |
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