 |  |
| Action Insight | Candlesticks Trades | Markets Summary | Action Bias | Top Movers | Daily Technicals |
| Calendar | Elliott Wave Trades | Markets Volatility | Pivot Points | Heat Map | Daily Fundamentals |
| Action Insight Market Overview | Markets Snapshot |
Daily Report: Dollar Mildly Higher as Fed Bullard Hinted on FOMC Language Change in OctoberDollar stayed in range against European majors but strengthened further against commodity currencies. St. Louis Fed president James Bullard said that FOMC could drop the pledge to keep rate lows for considerable time next month. He noted that in September, it's "premature" to remove "considerable time" from the statement as QE hasn't ended yet. And, "a more natural juncture would probably be the October meeting" when "QE is projected to end." Bullard also maintained his projection that Fed would hike rate by the end of 1Q 2015. He added that Fed's projections were for "fairly strong growth" in 2H2014 and growth would be over 3% again in 2015. |
 |
| Featured Technical Report | |
USD/CAD Daily OutlookDaily Pivots: (S1) 1.1014; (P) 1.1048; (R1) 1.1111; More... Intraday bias in USD/CAD remains mildly on the upside for retesting 1.1098 resistance. Break will resume whole rally from 1.0620 and will target a test on 1.1278 key resistance. Before that, the consolidation from 1.1098 could extend further. Below 1.0986 minor support will turn bias back to the downside for 1.0886 and below. But in that case, downside should be contained by 1.0810 cluster support (61.8% retracement of 1.0620 to 1.1098 at 1.0803). |
| Economic Indicators Update | You're invited to London's most comprehensive educational event for investors and traders of the year; The World MoneyShow London, 7-8 November 2014! Located at the Queen Elizabeth II Conference Centre, you will discover top experts' best money-making and capital preservation strategies! Learn from the industry's top experts' like Mark Mobius, Ralph Acampora, Sandy Jadeja, and dozens more!
US and Canadian equity markets trading near all-time highs amid record-low volatility has many pointing to a sense of "complacency" in the markets, like it's possible that the "easy money" has already been made. That's why 40+ leading investing and trading experts will be speaking LIVE and in-person at The World MoneyShow Toronto, and will reveal their latest and best stock and ETF picks in the process. Register free
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Orders and Options Watch | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
US Session: Orders and Options WatchEUR: The single currency ran into heavy offers just above 1.2900 level and has retreated in NY morning, however, bids are still noted at 1.2840, 1.2825-35 and 1.2800, more buy orders are seen at 1.2785, 1.2750 (stops below) and 1.2725, mixture of bids and stops is expected at 1.2700. On the upside, offers are seen at 1.2890-00 and 1.2925-30, selling interest should emerge around 1.2950, 1.2975-85 and 1.3000, more offers are tipped further out at 1.3025 (stops above), 1.3035 and 1.3050-60. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Forex Trade Ideas | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Trade Idea: USD/CAD - Buy at 1.0970As the greenback has staged a strong rebound after finding good support at 1.0887 last week, suggesting the retreat from 1.1099 has ended there and consolidation with upside bias is seen for gain to 1.1070-75, above there would bring retest of said resistance, break there would confirm recent rise from 1.0621 low has resumed and extend gain to 1.1150, then towards 1.1200 but price should falter well below resistance at 1.1279. Trade Idea: EUR/GBP - Sell at 0.7915Euro's rebound after falling to 0.7810 last week has retained our view that consolidation above this level would be seen, however, reckon upside would be limited to 0.7895-00 and minor resistance at 0.7915 would attract renewed selling interest, bring another decline later, a break of said support at 0.7810 would extend recent decline in wave v to 0.7790 Candlesticks Intraday Trade Ideas Update Schedule (GMT): Elliott Wave Daily Trade Ideas Update Schedule (GMT): | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Suggested Readings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fundamental Highlights
Technical Highlights
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
  |
| ||||||||
No comments:
Post a Comment