ActionForex

GBP/JPY Daily OutlookNo change in GBP/JPY's outlook. With 150.36 minor support intact, further rise is in favor. Above 152.07 will target 153.39 first. Break will resume medium term rally. On the...

Dollar's selloff accelerates overnight on sharp selloff in treasury yields and stays weak in Asian session. 10 year yield lost -0.053 to close at 2.414, well below last week's high at 2.499. Worse...

GBP/JPY Daily OutlookDaily Pivots: (S1) 134.02; (P) 134.29; (R1) 134.51; A temporary top is in place at 152.00 and intraday bias in GBP/JPY is turned neutral first. Further rally is expected as long...

The financial markets are treading water in quiet holiday trading. DOW closed -0.03% down at 24746.21 overnight. S&P 500 closed down -0.11% at 2680.50. Nikkei is also trading up around 0.1% at the...

Canadian Dollar remains generally firm today but it's overwhelmed by Aussie on commodity prices. Meanwhile, Euro trades mildly lower as results of the Catalonia regional election provide no resolution...

GBP/JPY Daily OutlookDaily Pivots: (S1) 151.11; (P) 151.56; (R1) 152.09; Break of 151.84 minor resistance suggests that pull back from 153.39 might be finished at 149.40. Intraday bias is mildly on...

US tax plan has now only one more step to take, President Donald Trump's signature, and it will become law. Market's reactions were relatively muted yesterday after House and Senate approvals. DOW...

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.54; (P) 150.90; (R1) 151.44; GBP/JPY formed a temporary low at 149.40 and intraday bias is turned neutral first. Fall from 153.39 is seen as a correction....

Euro is trading as the strongest currency this week as boosted by a surge in German yields. Meanwhile, Dollar is holding a soft tone after House passed the tax bill and then came back with a hiccup....

GBP/JPY Daily OutlookActionForex.com Dec 18 05:46 GMTShare ThisAddThis Sharing ButtonsShare to Google (NASDAQ:GOOGL) TranslateShare to Facebook (NASDAQ:FB)Share to TwitterShare to Google+Share to...

Markets are rather quiet as they start the pre-holiday week. Dollar attempts to rally on news of the tax bill, but there is little momentum seen. Yen trade broadly softer despite positive trade data....

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.45; (P) 151.12; (R1) 151.63; Intraday bias in GBP/JPY remains neutral. As long as 149.74 support holds, outlook remains bullish in the cross. Break of...

Dollar's data inspired rally overnight was brief and weak. The greenback is still set to end as the weakest major currency for the week despite a Fed rate hike. It seems like markets are rather...

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.44; (P) 150.97; (R1) 151.49; GBP/JPY's corrective fall from 153.39 is still in progress and intraday bias remains neutral. As long as 149.74 support holds,...

Dollar tumbled broadly after FOMC rate hike as most likely an extended selloff after core CPI miss. News on the progress in Republican's tax bill provided little support to the Dollar. Technically,...

GBP/JPY Daily OutlookDaily Pivots: (S1) 150.89; (P) 151.31; (R1) 151.63; GBP/JPY's corrective fall from 153.39 is still in progress and intraday bias remains neutral. As long as 149.74 support holds,...