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Mid-Day Report: Yen and Dollar Higher after NFP Disappoints, Muted Reactions to ECBJul 02 13:17 GMT, by ActionForex.com Yen and, to a lesser extent, dollar are generally higher in early US session on risk aversion following the release of worse than expected Non-Farm Payroll report from US. The report showed deeper than expected -467K contraction of the job market in Jun, versus consensus of -375K. Though, prior mont...
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Daily and Weekly Technical Outlook |
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Candlesticks Trade Ideas |
Trade Idea: AUD/USD - Buy at 0.7890Jul 02 16:00 GMT, by ActionForex.com Although aussie dropped sharply on active cross selling versus Japanese yen on risk aversion and fall towards 0.7896 (1.618 times projection of the fa...
Trade Idea: GBP/USD - Sell at 1.6470Jul 02 15:59 GMT, by ActionForex.com The British pound fell again mainly due to active cross-selling against Japanese yen on risk aversion after the release of soft U.S. job data and pric...
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Candlesticks & Ichimioku Analysis |
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Elliott Wave Trade Ideas |
Trade Idea: EUR/JPY - Buy Again At 135.40Jul 02 10:23 GMT, by ActionForex.com Despite rising to 136.90 yesterday in New York trading, the single currency met option-related selling interest just below 137.00 option barrier and h...
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Daily Fundamental Reports |
New York Session RecapJul 02 21:44 GMT, by Forex.com It was another exciting session in NY early on as the buck extended overnight gains on unbridled risk aversion. The overnight comments from China that...
Forex Fundamental OutlookJul 02 19:48 GMT, by GCI Financial The common currency gaved back most of yesterday's gains ahead of the long holiday weekend in the U.S. As expected, the European Central Bank kept mon...
ECB to Hold Rates Steady for Some TimeJul 02 18:01 GMT, by KBC Bank Today's decision by the European Central Bank to leave its key policy interest rates unchanged was universally expected. That is not to say that the p...
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Daily Technical Reports |
Chart Of The Day: AUD/USDJul 02 18:13 GMT, by FX Solutions Dollar-strengthening price action on AUD/USD, a daily chart of which is shown, has once again descended back down to a key uptrend support line extend...
GBP/USD Sinks after Negative Data StreamJul 02 15:44 GMT, by FastBrokers The Cable is reacting negatively to the negative unemployment data points from both the U.S. and EU. Additionally, Britain’s construction PMI contract...
FX Thoughts for the DayJul 02 12:45 GMT, by Kshitij Consultancy Services Cable has bounced from the low of 1.6329 and is likely to move further up. A rise past 1.6460 might take the pair further up towards 1.6600. On the do...
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Action Insight Newsletter |
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Interest Rates |
0.25% |
1.00% |
0.10% |
0.50% |
0.25% |
0.25% |
3.00% |
2.50% |
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Speeches and Publications |
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| Forex Top Movers |
Ccy Heat Map |
| Pair | Rate | Chng % |
|---|
| EURUSD | 1.3950 | -0.39% |
| GBPUSD | 1.6333 | -0.37% |
| USDCHF | 1.0880 | +0.35% |
| EURJPY | 133.86 | -0.34% |
| GBPJPY | 156.73 | -0.33% |
| GBPCAD | 1.9005 | -0.33% |
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| EUR | |
| JPY | |
| GBP | |
| CHF | |
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| AUD | |
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| Action Bias & Pivot Points |
| Currency |
Last |
Bias |
S1 |
R1 |
| EURUSD |
1.3950 | Down | 1.3944 | 1.4109 |
| USDJPY |
95.95 | Down | 95.45 | 96.64 |
| GBPUSD |
1.6340 | Neutral | 1.6310 | 1.6487 |
| USDCHF |
1.0882 | Up | 1.0766 | 1.0892 |
| USDCAD |
1.1634 | Up | 1.1524 | 1.1686 |
| AUDUSD |
0.7917 | Down | 0.7881 | 0.8044 |
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