Action Forex Aug 31, 2:37 PM

AUDJPY Wave Analysis

AUDJPY: ⬇️ Sell – AUDJPY reversed from resistance zone – Likely to fall to support level 113.45 AUDJPY currency pair recently reversed from the resistance zo...

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Action Forex Aug 31, 2:36 PM

DAX Index Wave Analysis

DAX Index: ⬇️ Sell – DAX Index reversed from resistance zone – Likely to fall to support level 25900.00 DAX Index today reversed from the resistance area bet...

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Action Forex Aug 31, 2:12 PM

Sunset Market Commentary

Markets Some calm returned to markets today after the ‘hawkish’ repricing on US yields markets in the wake of Fed chair Warsh’s Jackson Hole speech. At the s...

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Action Forex Aug 31, 1:01 PM

Oil Price Surges Above $90 as US-Iran Conflict Returns, but Markets Resist Full Risk-Off Move

What’s happening: Brent surged back above $90 Monday after US forces struck two IRGC rocket launchers on Larak Island Sunday, the first acknowledged US strik...

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Action Forex Aug 31, 11:37 AM

AI Risk Is Bigger Than Valuations: BoE’s Bailey Flags Cyber, Leverage and Market Fragility

Bank of England Governor Andrew Bailey warned that risks from advanced artificial intelligence are extending well beyond stretched technology valuations, wit...

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Action Forex Aug 31, 11:30 AM

EUR/USD Daily Outlook

Intraday bias in EUR/USD remains mildly on the downside at this point, fall from 1.1710 short term top should extend to 55 D EMA (now at 1.1545). Decisive br...

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Action Forex Aug 31, 11:27 AM

USD/JPY Daily Outlook

Further rise could still be seen in USD/JPY, but strong resistance is expected from 61.8% retracement of 163.97 to 155.22 at 160.62 to limit upside. On the d...

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Action Forex Aug 31, 11:24 AM

GBP/USD Daily Outlook

Intraday bias in GBP/USD is mildly on the downside for the moment. Break of 1.3518 will extend the fall from 1.3675 short term top to 55 D EMA (now at 1.3467...

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Action Forex Aug 31, 11:22 AM

USD/CHF Daily Outlook

Intraday bias in USD/CHF remains on the upside at this point. Pullback from 0.8205 has completed as a correction at 0.7948. Further rise should be seen to re...

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Action Forex Aug 31, 11:19 AM

AUD/USD Daily Report

Intraday bias in AUD/USD remains neutral for the moment. Considering bearish divergence condition in 4H MACD, a short term top could be formed at 0.7207. Bre...

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Action Forex Aug 31, 11:16 AM

USD/CAD Daily Outlook

Intraday bias in USD/CAD remains mildly on the upside. Rebound from 1.3730 could extend to 38.2% retracement of 1.4247 to 1.3730 at 1.3927. But strong resist...

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Action Forex Aug 31, 11:13 AM

Gold Consolidates After Friday’s 3.2% Drop, Sparked by Hawkish Comments from Fed Warsh

Gold remains at the back foot on Monday, but bears found temporary footstep at $4400 zone (Fibo 38.2% of $3942/$4697 recovery leg / 20DMA) and consolidate af...

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