ActionForex

GBP/JPY Daily OutlookDaily Pivots: (S1) 145.20; (P) 145.81; (R1) 146.83; Intraday bias in GBP/JPY remains on the upside for the moment. Correction from 148.42 should have completed at 135.58. And...

The global financial markets react little to the highly expected win of pro-EU centrist Emmanuel Macron's in the French presidential election. Euro trades generally lower with Swiss franc as the...

GBP/JPY Daily Outlook Daily Pivots: (S1) 144.72; (P) 145.22; (R1) 145.80; No change in GBP/JPY's outlook. It continues to lose upside momentum as seen in 4 hour MACD. But there is no clear sign of...

Dollar is trading mixed as markets are turning their focus to employment data from US today. Non-farm payroll is expected to show 180k growth in April. Unemployment rate is expected to climb back to...

GBP/JPY Daily OutlookDaily Pivots: (S1) 144.60; (P) 144.97; (R1) 145.45; GBP/JPY continues to lose upside momentum as seen in 4 hour MACD. But with 143.79 minor support intact, further rally is still...

Dollar edged up mildly after a rather uneventful FOMC rate decision. The lift on the greenback was from the fact that Fed tried to talk down Q1's weakness. And there is no change in the expected rate...

GBP/JPY Daily OutlookDaily Pivots: (S1) 144.23; (P) 144.67; (R1) 145.37; GBP/JPY's rise continued and reached 145.11 so far, breaching 144.77 resistance. The cross continued to lose upside momentum...

Dollar strengthens mildly as markets await FOMC rate decision but momentum is limited against European majors. Notable moves are seen in Canadian dollar which is weighed down by oil prices. Meanwhile,...

GBP/JPY Daily OutlookDaily Pivots: (S1) 143.71; (P) 144.17; (R1) 144.54; . GBP/JPY continues to lose upside momentum but there is still no clear sign of topping yet. Intraday bias remains on the...

In US, long term treasury yields jumped after Treasury Secretary Steven Mnuchin said yesterday that ultra-long bonds are "something that could absolutely make sense for us at Treasury." 30 year yield...

GBP/JPY Daily OutlookDaily Pivots: (S1) 143.53; (P) 144.01; (R1) 144.74; While GBP/JPY is losing upside momentum, there is no sign of topping yet. Intraday bias remains on the upside for 144.77...

Dollar trades mildly higher in Asian session today. Trading is subdued with China, Swiss, France, Germany, Italy and UK on holiday. The greenback is lifted mildly by news that the US Congress has...

GBP/JPY Daily OutlookDaily Pivots: (S1) 142.76; (P) 143.32; (R1) 144.12; GBP/JPY lost some upside momentum as seen in 4 hour MACD. But intraday stays on the upside with 142.49 minor support intact,...

The financial markets are rather steady as the week is heading for close. Euro remains the strongest major currency for the week even though it's losing some upside momentum. In particular, there is...

GBP/JPY Daily OutlookDaily Pivots: (S1) 142.15; (P) 142.83; (R1) 143.33; GBP/JPY's rally is still in progress and intraday bias remains on the upside for 144.77 resistance. Consolidation pattern from...

The financial markets had very little reaction to the highly anticipated announcement of tax reforms by US President Donald Trump. DJIA reversed earlier gains and closed slightly lower by -0.1% at...