ActionForex

GBP/JPY Daily OutlookDaily Pivots: (S1) 132.65; (P) 133.26; (R1) 134.24; Intraday bias in GBP/JPY remains mildly on the upside for 55 days EMA (now at 138.33). Such rise is seen as the third leg of...

The financial markets are staying in tight range as markets are waiting for rate clues from Fed chair Janet Yellen in her speech in Jackson Hole symposium today. DJIA closed -0.18% lower at 18448.41...

GBP/JPY Daily OutlookDaily Pivots: (S1) 132.22; (P) 132.74; (R1) 133.12; Recovery from 129.14 is currently seen as the third leg of third leg of the consolidation pattern from 128.66. Further rise...

GBP/JPY Daily OutlookDaily Pivots: (S1) 132.14; (P) 132.72; (R1) 133.47; Recovery from 129.14 is currently seen as the third leg of third leg of the consolidation pattern from 128.66. Further rise...

Dollar is mildly firmer against other major currencies, except Sterling and Kiwi. But in spite of mild strength, the greenback is staying in range. The highly anticipated Jackson Hole symposium will...

GBP/JPY Daily OutlookDaily Pivots: (S1) 131.71; (P) 132.01; (R1) 132.58; Breach of 132.52 minor resistance suggests that choppy fall from 143.21 has completed at 129.14, ahead of 128.66. Rebound from...

The forex markets continue to trade without a clear direction as markets are awaiting for Fed chair Janet's clue on the timing of the next hike in federal fund rate. Meanwhile, Fed released the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 130.18; (P) 131.10; (R1) 131.86; Intraday bias in GBP/JPY remains neutral for the moment. Break of 128.66 will resume larger down trend from 195.86 and target...

The financial markets are generally steady as traders are await for Fed chair Janet Yellen's speech at Jackson Hole for clues on rate hike. DJIA closed down -23.15 pts, or -0.12% at 18529.42 but stays...

GBP/JPY Daily OutlookDaily Pivots: (S1) 130.18; (P) 131.10; (R1) 131.86; Intraday bias in GBP/JPY remains neutral for the moment. Break of 128.66 will resume larger down trend from 195.86 and target...

Asian markets open the week mixed with Nikkei trading mildly higher by 0.25% at the time of writing but other indices are in red. In the currency markets, Dollar pares back some of last week's lost...

Dollar ended the week broadly lower, except versus Aussie, as markets were left confused with chance of a rate hike by Fed this year. FOMC minutes gave traders no clues on the topic. Meanwhile,...

In US, San Francisco Fed president John Williams said overnight again and noted he saw another rate hike "sooner rather than later". He said that "in the context of a strong domestic economy with good...

GBP/JPY Daily OutlookDaily Pivots: (S1) 130.07; (P) 130.93; (R1) 131.59; With 132.52 minor resistance intact, further fall is still expected in GBP/JPY. Sustained break of 128.66 low will resume the...

Dollar dips mildly lower as FOMC minutes left markets confused on the timing of the next rate hike. The minutes for July FOMC meeting showed that some policy makers "preferred to defer another...

GBP/JPY Daily OutlookDaily Pivots: (S1) 129.65; (P) 130.26; (R1) 131.46; With 132.52 minor resistance intact, further fall is still expected in GBP/JPY. Sustained break of 128.66 low will resume the...