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Daily Report: Dollar and Yen Mildly Firmer on Risk AversionMar 22 07:02 GMT, by ActionForex.com Dollar and yen are mildly firmer as the week starts on risk aversion broadly lower in reaction to Friday's rate hike from Bank of India. Euro continues to be pressured by concern over the Greece situation while Sterling is weighed down by political uncertainty. Dollar index edges higher to 80.91 while crude oil and gold dip to 80.05 and 1103.5 respectively. No important economic data is scheduled...
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Daily and Weekly Technical Outlook |
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Candlesticks Trade Ideas |
Trade Idea: USD/CHF - Stand AsideMar 22 07:12 GMT, by ActionForex.com As the greenback continued to edge higher after finding renewed buying interest above support at 1.0534, suggesting further choppy consolidation above...
Trade Idea: GBP/USD - Sell At 1.5100Mar 22 07:10 GMT, by ActionForex.com Cable's selloff from 1.5382 together with current breach of indicated support at 1.4977 signal correction from 1.4781 has ended at 1.5382 last week an...
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Candlesticks & Ichimioku Analysis |
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Elliott Wave Trade Ideas |
Trade Idea: AUD/USD - Buy At 0.9190Mar 22 10:10 GMT, by ActionForex.com Despite last week's rise to 0.9253, the subsequent euro-led retreat suggests a temporary top has been formed (tentatively minor wave 1 of iii) and cor...
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Daily and Weekly Fundamental Reports |
European Market UpdateMar 22 10:20 GMT, by Trade The News The week began on a subdued note as the major pairs maintained familiar ranges. European leaders sent out conflicting signals at the weekend over aid to Greece ahead of Thursday EU Summit which sent t...
The Greek Problem Just Won't Go Away!Mar 22 08:44 GMT, by Easy Forex Fridays trading the USD trade stronger as risk aversion seemed to take centre stage due to concerns over the Euro zone's stance on how it plans to help Greece. Also in the wires we saw concerns by the...
Dollar Set To Maintain Long BiasMar 22 08:22 GMT, by TheLFB-Forex.com A new episode of dollar strength hit in the latter part of last week, in reaction to global risk (equity) markets dropping off tests of yearly highs. The major pairs have all formed technical swing po...
Morning Forex OverviewMar 22 08:12 GMT, by Dukascopy Swiss FX Group The euro fell against the U.S. dollar and yen Monday in Asian trade, hurt by renewed worries about Greece's debt crisis, but remained within recent ranges as the dollar took a small hit from the appro...
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Daily and Weekly Technical Reports |
IMM Positioning - Speculators Massively Long MXNMar 22 10:27 GMT, by Danske Bank Speculative investors have increased bets that USD/MXN will dip lower, despite the already low level. In the past week speculators added almost 10K contracts to their short USD/MXN position that now a...
Forex and Dow Jones Recommended LevelsMar 22 10:18 GMT, by FXtechtrade EUR/USD Today's support: - 1.3478 and 1.3452(main), where correction is possible. Break would give 1.3430, where correction also may be. Then follows 1.3411. Break of the latter would result in 1.339...
Forex Technical AnalysisMar 22 09:58 GMT, by DeltaStock Inc. EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169
Currency Crosses Pairs AnalysisMar 22 09:45 GMT, by DeltaStock Inc. EUR/GBP Longer term bias remains bullish for the pair, the pullback to the bearish trendline has been completed, more upside for the week ahead. Intraday: the daily chart above shows the perfect pullb...
Today's Market OutlookMar 22 09:40 GMT, by Windsor Brokers Ltd EURUSD Upside rejection at 1.3816 on 17 Mar and break of a 3-week rising wedge turned the immediate focus lower. Clearance of 1.3536/29 support area has so far reached 1.3497, though stretched near-te...
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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% |
 4.00% |
 2.50% |
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Speeches and Publications |
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| Forex Top Movers |
Ccy Heat Map |
| Pair | Rate | Chng % |
|---|
| NZDJPY | 63.69 | -0.66% |
| NZDUSD | 0.7036 | -0.63% |
| AUDCAD | 0.9262 | -0.53% |
| AUDJPY | 82.45 | -0.51% |
| AUDUSD | 0.9109 | -0.48% |
| EURAUD | 1.4840 | +0.43% |
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| GBP | |
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| AUD | |
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| Action Bias & Pivot Points |
| Currency |
Last |
Bias |
S1 |
R1 |
| EURUSD |
1.3521 | Neutral | 1.3479 | 1.3603 |
| USDJPY |
90.56 | Neutral | 90.34 | 90.72 |
| GBPUSD |
1.4984 | Neutral | 1.4914 | 1.5181 |
| USDCHF |
1.0599 | Down | 1.0557 | 1.0652 |
| USDCAD |
1.0168 | Neutral | 1.0091 | 1.0219 |
| AUDUSD |
0.9112 | Down | 0.9112 | 0.9208 |
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