ActionForex

Daily Pivots: (S1) 106.81; (P) 107.35; (R1) 107.82;With 109.24 minor resistance intact, EUR/JPY's fall from 111.57 could extend lower and focus remains on 104.74 support. Break there will indicate...

Daily Pivots: (S1) 124.12; (P) 124.70; (R1) 125.07; Intraday bias remains neutral as more consolidations could be seen below 127.30 temporary top. But downside of retreat should be contained by 122.63...

Dollar regains some strength today as Asian equities are broadly lower with their focus returning to the Greece situation. It's now clear that all European leaders are seeing Greece's referendum as a...

Daily Pivots: (S1) 106.15; (P) 107.70; (R1) 108.91;With 109.24 minor resistance intact, EUR/JPY's fall from 111.57 could extend lower and focus remains on 104.73 support. Break there will indicate...

Daily Pivots: (S1) 123.87; (P) 125.35; (R1) 126.44; No change in GBP/JPY's outlook. Intraday bias remains neutral as more consolidations could be seen below 127.30 temporary top. But downside of...

World markets are still troubled by the Greek drama as Asian equities are broadly lower following the near -300pts fall in DOW overnight. Dollar index once reached as high as 77.67 before turning...

Euro led major currencies down against dollar overnight and remains weak on a couple of factors. Firstly, there was news that Greece may need a referendum for passage of the new EU agreement....

Daily Pivots: (S1) 106.97; (P) 107.42; (R1) 107.77;EUR/JPY rises sharply to as high as 111.57 so far today on intervention. 38.2% retracement of 123.31 to 100.74 at 109.36 is already broken and...

Daily Pivots: (S1) 121.88; (P) 122.12; (R1) 122.42;GBP/JPY jumps sharply on yen intervention and reaches as high as 127.30 so far today, taking out 125.48/68 cluster resistance resistance decisively....

Japanese yen dives sharp today as Japan intervened for the third time this year. That sent USD/JPY steeply up from record low of 75.56 to as high as 79.50 within two hours. And judging from the price...

Daily Pivots: (S1) 106.22; (P) 107.17; (R1) 108.68;EUR/JPY's break of 107.67 confirms that whole rebound from 100.74 has resumed. Intraday bias is back on the upside and further rise should be seen to...

The overnight strong rally in risks sent dollar index to as low as 74.72 and in spite of mild recovery, the index fails to regain 75 handle and remains weak. Asian equities are broadly higher...

Daily Pivots: (S1) 121.38; (P) 121.95; (R1) 122.78;GBP/JPY is still staying in range of 119.98/122.63 for the moment and intraday bias remains neutral. On the downside, below 119.98 minor support will...

Daily Pivots: (S1) 105.04; (P) 105.60; (R1) 106.47;Despite dipping to 104.74, EUR/JPY quickly rebounds back into established range and intraday bias remains neutral. On the downside, below 104.74...

Daily Pivots: (S1) 120.90; (P) 121.42; (R1) 122.17;GBP/JPY is still bounded in range of 119.98 and 122.62. Intraday bias remains neutral. On the downside, below 119.98 minor support will affirm the...

Dollar is broadly lower today as markets cheer the progress made by EU summit overnight. Expectations were low just before the summit and thus, the surprises were quite pleasant. The raising of bank...