ActionForex

GBP/JPY Daily OutlookDaily Pivots: (S1) 147.35; (P) 148.31; (R1) 149.65; Outlook in GBP/JPY is unchanged that price actions from 152.82 are forming a corrective pattern. On the upside, above 149.45...

US equities staged a strong rally overnight. Investors were happy that another step was taken with the Republican's tax plan. Senate version was approved by the Budget Committee, paving the way for a...

Trading remains rather quiet in the forex markets this week so far. Dollar was supported by upbeat comments from Fed officials regarding a new term rate hike. Jerome Powell also indicated that he...

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.02; (P) 148.49; (R1) 149.11; Outlook in GBP/JPY remains unchanged. Price actions from 152.82 are developing to a corrective pattern. As long as 149.45...

Dollar recovers broadly today, except versus Japanese yen. But momentum in the greenback doesn't warrant a sustainable rebound yet. For the moment, Euro is still in the driving seat in the forex...

GBP/JPY Daily OutlookDaily Pivots: (S1) 147.68; (P) 148.07; (R1) 148.35; No change in GBP/JPY's outlook. Corrective pattern from 152.82 is still in progress and could extend through 146.92 support....

Markets are engaging in quiet holiday trading today while Dollar is paring some losses. But for the week, the greenback is still set to end as the worst performing one. Trading will likely stay...

GBP/JPY Daily OutlookDaily Pivots: (S1) 147.80; (P) 148.37; (R1) 148.75; With 149.45 minor resistance intact, deeper fall is mildly in favor in GBP/JPY. Corrective pattern from 152.82 is still in...

Dollar tumbles overnight as November FOMC minutes should some members are concerned with weaker inflation. December hike is still the base case but there might be growing doubts on whether there will...

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.51; (P) 148.93; (R1) 149.26; GBP/JPY's corrective pattern from 152.82 is still in progress. Deeper fall could be seen through 146.92 support. But we'd...

Markets are generally back in risk seeking mode. Major US indices ended in record highs as DOW gained 0.69% to 23590.83, S&P 500 up 0.65% to 2599.03 and NASDAQ rose 1.06% to 6862.48. Asian markets...

GBP/JPY Daily OutlookActionForex.com Nov 21 04:22 GMTShare ThisAddThis Sharing ButtonsShare to Google (NASDAQ:GOOGL) TranslateShare to Facebook (NASDAQ:FB)Share to TwitterShare to Google+Share to...

Euro remains the weakest major currency for the week so far on political uncertainty in Germany. In addition, dovish comments from ECB President Mario Draghi is also weighing down the common currency....

GBP/JPY Daily OutlookDaily Pivots: (S1) 147.54; (P) 148.42; (R1) 148.92 Intraday bias in GBP/JPY remains on the downside for 146.92 support and below. Price actions from 152.82 are viewed as a...

Euro dives broadly after Germany Chancellor Angel Merkel declared failure in forming a coalition government. After over time exploratory talks, Merkel's Christian Democratic-led bloc couldn't reach an...

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.04; (P) 148.69; (R1) 149.29; With 149.98 minor resistance intact, deeper fall is still expected in GBP/JPY for 146.92 support and below. Fall from 151.92...