Logo-color Logo-white

Daily Pivots: (S1) 0.8517; (P) 0.8554; (R1) 0.8572; More…. EUR/GBP’s corrective fall from 0.8624 resumed by breaking through 0.8530. Intraday bias is back on the downside for 100% projection of 0.8624 to 0.8530 from 0.8591 at 0.8497, which is close to 55 D EMA (now at 0.8494). Strong support should be seen there to bring […]

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

previous

USD/JPY Daily Outlook

next

GBP/USD Mid-Day Outlook

Read More

13/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0757; (P) 1.0773; (R1) 1.0787; More… EUR/USD is staying below 1.0810 resistance despite today’s rise. Intraday bias remains neutral at this point. Further rally is expected as long as 55 4H EMA (now at 1.0751) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, […]
04/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.19; (P) 199.92; (R1) 200.62; More…. Intraday bias in GBP/JPY remains neutral for the moment. On the downside, break of 198.73 support will indicate rejection by 200.53 high, and short term topping at 200.72. Bias will be back on the downside for 197.07 resistance turned support. On the upside, however, firm break […]
26/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 170.74; (P) 171.07; (R1) 171.43; More… Intraday bias in EUR/JPY remains neutral at this point. Some consolidations could be seen first but further rally will remain in favor as long as 169.31 support hold, for 61.8% projection of 164.01 to 170.87 from 167.52 at 171.75. However, firm break of 169.31 will turn […]