Logo-color Logo-white

Daily Pivots: (S1) 0.8427; (P) 0.8439; (R1) 0.8449; More…. Intraday bias in EUR/GBP remains neutral for the moment. Recovery from 0.8382 could extend higher. But outlook will stay bearish as long as 0.8498 resistance holds. Firm break of 0.8382 will resume larger down trend. In the bigger picture, down trend from 0.9267 (2022 high) is […]

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

previous

EUR/AUD Weekly Outlook

next

USD/JPY Mid-Day Outlook

Read More

29/11/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.37; (P) 163.04; (R1) 163.55; More…. EUR/JPY’s break of 162.42 minor support suggest that rebound from 161.22 has completed. Intraday bias is back on the downside to extend the corrective pattern from 164.29, with a third leg. Deeper fall should be seen through 161.22 to 100% projection of 164.29 tot 161.22 from […]
22/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8487; (P) 0.8525; (R1) 0.8554; More….. Intraday bias in USD/CHF remains on the downside as fall from 0.8747 is in progress for retesting 0.8431. Firm break there will resume whole decline from 0.9223 towards 0.8332 low. On the upside, above 0.8560 minor resistance will turn intraday bias neutral first. But risk will […]
13/07/2024

USD/CAD Weekly Outlook

USD/CAD edged lower to 1.3588 last week but recovered after hitting 1.3589 support. Initial bias remains neutral this week first. On the downside, firm break of 1.3589 will extend the corrective pattern from 1.3845 and target 100% projection of 1.3845 to 1.3589 from 1.3790 at 1.3534. Strong support would be seen there to bring rebound. […]