Logo-color Logo-white

Daily Pivots: (S1) 1.1096; (P) 1.1153; (R1) 1.1191; More…. EUR/USD’s pullback from 1.1213 accelerated lower today, and the break of trend line support indicates short term topping. While deeper fall might be seen outlook will stay bullish as long as 1.1001 cluster support holds (38.2% retracement of 1.0665 to 1.1213 at 1.1004). Break of 1.1213 […]

The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

previous

AUD/USD Daily Report

next

EUR/USD Mid-Day Outlook

Read More

20/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3473; (P) 1.3485; (R1) 1.3503; More… USD/CAD is still bounded in range below 1.3585 and intraday bias remains neutral. More consolidations could be seen, but further rally is expected as long as 1.3357 support holds. On the upside, firm break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. In […]
20/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.64; (P) 163.32; (R1) 164.61; More… EUR/JPY’s long term up trend resumed by breaking through 164.29 resistance. Intraday bias stays on the upside. Next near term target will be 61.8% projection of 153.15 to 163.70 from 160.20 at 166.71. On the downside, Below 163.81 minor support will turn intraday bias neutral and […]
26/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8977; (P) 0.8986; (R1) 0.9004; More…. USD/CHF is staying in consolidation below 0.9019 temporary top and intraday bias stays neutral. Another retreat might be seen but downside should be contained by 0.8884 resistance turned support to bring rebound. Break of 0.9019 will resume larger rally from 0.8332. Next target is 100% projection […]