ActionForex

GBP/JPY Daily OutlookDaily Pivots: (S1) 124.89; (P) 125.14; (R1) 125.38Intraday bias in GBP/JPY remains neutral and some more consolidations could be seen. But downside should be contained above...

Risk rally resumed on optimism that additional easing from US and China, following the OMT announcement from ECB last week. The Dow breached 2012 high of 13338 overnight even though it didn't manage...

GBP/JPY Daily OutlookDaily Pivots: (S1) 124.89; (P) 125.14; (R1) 125.38Intraday bias in GBP/JPY remains neutral and some more consolidations could be seen. But downside should be contained above...

The FX markets continue to consolidate in tight range so far today. Asian equities are broadly lower following late selling in Dow and S&P 500 but selling pressure is so far mild. The euro stays...

GBP/JPY Daily OutlookDaily Pivots: (S1) 124.74; (P) 125.47; (R1) 125.90Intraday bias in GBP/JPY remains neutral and some more consolidations could be seen. But downside should be contained above...

Euro retreats mildly as the week starts but stays firm so far even though there were news that troika has rejected a EUR 2b part of the EUR 12b austerity package of Greece. Greek socialist leader...

After much anticipation, ECB president didn't disappoint and revealed his new bond buying plan, the so called Outright Monetary Transactions last week. Responses from markets were overwhelmingly...

GBP/JPY Daily OutlookDaily Pivots: (S1) 124.88; (P) 125.38; (R1) 126.14GBP/JPY rose to as high as 125.88 so far the the break of 125.82 resistance confirmed resumption of whole rebound from 118.82....

Risk appetite was given a strong boost overnight by ECB Draghi's bond buying plan as well as solid economic data from US. S&P 500 soared to close at four year high of 1432 and that's followed by...

GBP/JPY Daily OutlookDaily Pivots: (S1) 124.13; (P) 124.53; (R1) 125.05Intraday bias in GBP/JPY remains neutral for the moment and consolidation from 125.51 could extend. But still, as long as 123.26...

Euro remains firm but stays in tight range against dollar and yen as markets are awaiting for ECB's post meeting conference today. Some information was leaked this week and so far, investors seemed to...

GBP/JPY Daily OutlookDaily Pivots: (S1) 124.16; (P) 124.48; (R1) 124.74GBP/JPY's consolidation from 125.51 is still in progress and intraday bias remains neutral. As long as 123.26 minor support...

Asian equities are broadly lower in response to the weak economic data from US overnight and on concern of deeper global slowdown. Investors are also lightening positions ahead of key events of ECB...

GBP/JPY Daily OutlookDaily Pivots: (S1) 123.98; (P) 124.26; (R1) 124.58GBP/JPY's consolidation from 125.51 is still in progress and intraday bias remains neutral. As long as 123.26 minor support...

The euro was lifted as ECB President Draghi hinted that the central bank could buy bonds of maturity up to three years and in such case, he's not at risk of breaching EU rules. Draghi said in a closed...

GBP/JPY Daily OutlookDaily Pivots: (S1) 123.80; (P) 124.20; (R1) 124.66Intraday bias in GBP/JPY remains neutral for the moment and consolidation from 125.51 could continue. But as long as 123.26 minor...