Follow the latest analyses and key economic, financial, and global market news in this section. Our team reviews the most important market events daily and provides comprehensive insights for traders and enthusiasts.
Daily Pivots: (S1) 1.4032; (P) 1.4046; (R1) 1.4070; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen below 1.4078. Further rally is expected as long as 1.3930 support holds. Sustained trading above 1.4014/7 will suggest that USD/CAD is already reversing the whole fall from 1.4719, and target 61.8% retracement at 1.4312. […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 201.42; (P) 202.43; (R1) 203.14; More… GBP/JPY is still bounded in range of 201.24/205.30 and intraday bias stays neutral. With 201.24 resistance turned support intact, further rally is still in favor. Break of 205.30 will target 61.8% projection of 184.35 to 199.96 from 197.47 at 207.11. However, firm break of 201.24 will […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 201.42; (P) 202.43; (R1) 203.14; More… GBP/JPY is still bounded in range of 201.24/205.30 and intraday bias stays neutral. With 201.24 resistance turned support intact, further rally is still in favor. Break of 205.30 will target 61.8% projection of 184.35 to 199.96 from 197.47 at 207.11. However, firm break of 201.24 will […]
The post GBP/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 175.36; (P) 175.91; (R1) 176.37; More… EUR/JPY is still bounded in range of 175.03/177.91 and intraday bias stays neutral. Further rise is expected as long as 175.03 resistance turned support holds. On the upside, break of 177.91 will target 61.8% projection of 161.06 to 173.87 from 172.24 at 180.15 next. However, firm […]
The post EUR/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.8674; (P) 0.8689; (R1) 0.8714; More… Range trading continues in EUR/GBP and intraday bias stays neutral. On the upside, firm break of 0.8750 will resume larger rally towards 0.8867 fibonacci level. On the downside, break of 0.8654 will extend the fall from 0.8750 to 0.8631 support next. In the bigger picture, rise […]
The post EUR/GBP Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.7910; (P) 1.7984; (R1) 1.8092; More… EUR/AUD’s rally continues today and intraday bias stays on the upside for 1.8155 resistance. Firm break there will argue that whole corrective pattern from 1.8554 has completed with three waves to 1.7569. Further rise should be seen to retest 1.8554 high next. On the downside, below […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.
He’s not giving too much away but at the balance, it doesn’t seem like they would be too pushy about a rate hike in two weeks’ time. The comments above are fairly tame as compared to Tamura’s remarks yesterday here, though Tamura is one of two dissenters in the previous meeting wanting to hike rates already.
This article was written by Justin Low at investinglive.com.
End of content
End of content