Logo-color Logo-white

Daily Pivots: (S1) 1.0530; (P) 1.0580; (R1) 1.0618; More… Intraday bias in EUR/USD remains neutral first. Rebound from 1.0330 short term bottom could still extend higher. But outlook will remain bearish as long as 55 D EMA (now at 1.0717) holds. On the downside, break of 1.0471 minor support will turn bias to the downside […]

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

previous

USD/JPY Mid-Day Outlook

next

USD/CHF Mid-Day Outlook

Read More

28/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2744; (P) 1.2761; (R1) 1.2788; More… GBP/USD’s rally from 1.2298 resumed after brief retreat and intraday bias is back on the upside. Further rally should be seen to 1.2892 resistance next. On the downside, below 1.2670 will turn bias to the downside for deeper pull back. In the bigger picture, price actions […]
24/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3640; (P) 1.3679; (R1) 1.3701; More… Intraday bias in USD/CAD remains neutral for the moment with focus on 1.3660 support. Strong rebound from current level will retain near term bullishness. Break of 1.3748 minor resistance will turn intraday bias back to the upside for retesting 1.3845 resistance. However, sustained break of 1.3660 […]
22/02/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.17; (P) 162.41; (R1) 162.86; More… EUR/JPY’s rally is in progress and intraday bias stays on the upside. Current rise from 153.15 is in progress for retesting 164.29 high. On the downside, however, below 161.93 minor support will turn intraday bias neutral and bring consolidations, before staging another rally. In the bigger […]