ActionForex

Dollar stays soft in Asian session today as markets focus turned to adjustment in expectation of Fed's tapering. There were talks that Fed policymakers would postpone its tapering so as to gauge the...

The Dow jumped as much as 205 pts over night as US senate passed the accord that would help end the current fiscal impasse and avoid the first default in history. S&P 500 also jumped 23.48 pts to...

GBP/JPY Daily Outlook Daily Pivots: (S1) 156.63; (P) 157.17; (R1) 157.57; With 156.43 minor support intact, further rise is expected in the GBP/JPY. Current development argues that pull back from...

GBP/JPY Daily OutlookDaily Pivots: (S1) 156.94; (P) 157.28; (R1) 157.88;With 156.43 minor support intact, further rise is expected in the GBP/JPY. Current development argues that pull back from 159.98...

Asian markets are generally higher today, following another day of rebound in DOW on optimism that US politicians are close to a deal in the debt limit negotiation. Majority Leader Harry Reid, a...

GBP/JPY Daily OutlookDaily Pivots: (S1) 156.53; (P) 157.02; (R1) 157.62;With 156.43 minor support intact, further rise is expected in the GBP/JPY. Current development argues that pull back from 159.98...

Dollar is mildly lower as the week starts on news that the talks between US president Obama and House speaker Boehner on the debt limit issue broken down over the weekend. Nonetheless, Senator...

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.65; (P) 156.32; (R1) 157.38; The strong rebound from 154.72 suggests that pull back from 159.98 has completed just ahead of 154.67 support. Intraday bias is...

Risk markets surged on news that the US is close to having a deal on raising the debt ceiling for short term. The House of Representatives threw a proposal to raise the debt ceiling to cover borrowing...

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.23; (P) 155.93; (R1) 156.48; With 156.65 minor resistance intact, deeper fall is still expected in the GBP/JPY. The bearish divergence condition in daily...

Dollar extended rebound against European majors and yen on hope that there would be temporary resolution in US fiscal impasse and government shutdown. There were reports that Republicans and Democrats...

The dollar stays soft against the european majors but recovers against the Japanese yen today. There is still no sign of resolution in the US debt issue for the moment, which could lead to the first...

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.32; (P) 155.74; (R1) 156.08;Intraday bias in the GBP/JPY remains on the downside and current decline should continue lower to 154.67 resistance turned...

Sentiments continued to be weighed down by the debt ceiling issue in US with DOW closing down 136.34 pts over night, back below the 15000 level at 14936.24. Though, Asian equities recoverd strongly...

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.36; (P) 156.36; (R1) 157.01;Intraday bias in the GBP/JPY remains on the downside and current decline should continue lower to 154.67 resistance turned...

Asian equities opened the week lower as concern over US persisted. House speaker Boehner said over the weekend that, "the votes are not in the House to pass a clean debt limit." Finger pointing...