Logo-color Logo-white

Daily Pivots: (S1) 1.0877; (P) 1.0900; (R1) 1.0916; More…. EUR/USD breached 1.0915 briefly but retreated since then. With 4H MACD crossed below signal line, intraday is turned neutral first. Some consolidations would be seen but further rally is expected as long as 1.0805 support holds. Firm break of 1.0915 will resume whole rise from 1.0601 […]

The post EUR/USD Daily Outlook appeared first on Action Forex.

previous

USD/JPY Daily Outlook

next

GBP/USD Daily Outlook

Read More

03/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.08; (P) 146.62; (R1) 147.47; More… Intraday bias in USD/JPY remains mildly on the upside at this point. Pull back from 149.35 should have completed at 143.43 already. Further rise should be seen to 149.35 resistance first. Firm break there will resume the rebound from 141.67 and target 100% projection of 141.67 […]
02/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8475; (P) 0.8487; (R1) 0.8502; More… Intraday bias in EUR/GBP remains on the upside at this point. Sustained trading above 55 D EMA (now at 0.8501) will extend the rise from 0.8396 short term bottom to 0.8529 support turned resistance. On the downside, break of 0.8493 support will bring retest of 0.8396 […]
04/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9766; (P) 0.9786; (R1) 0.9804; More… EUR/CHF’s rally resumed by breaking through 0.9818 resistance and intraday bias is back on the upside. Current rally from 0.9252 would target 38.2% projection of 0.9304 to 0.9818 from 0.9709 at 0.9905. For now, break of 0.9709 support is needed to indicate short term topping. Otherwise, […]