Logo-color Logo-white

Daily Pivots: (S1) 1.2554; (P) 1.2584; (R1) 1.2622; More… Intraday bias in GBP/USD is turned neutral with current recovery. Risk will stay on the downside as long as 1.2731 resistance holds. Below 1.3543 will resume the fall from 1.2731 to 55 D EMA (now at 1.2437). Nevertheless, firm break of 1.2731 will resume the rise […]

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

previous

USD/CHF Daily Outlook

next

EUR/USD Daily Outlook

Read More

13/02/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.01; (P) 149.29; (R1) 149.56; More… Intraday bias in USD/JPY is turned neutral as retreat from 149.57 is extending. Some consolidations could be seen but further rally is expected as long as 147.62 support holds. Above 149.57 will resume the rise from 140.25 to retest 151.89/93 key resistance zone. Decisive break there […]
19/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0857; (P) 1.0870; (R1) 1.0896; More… Intraday bias in EUR/USD remains neutral first and outlook stays bearish with 1.0995 resistance intact. break of 1.0843 will resume the fall from 1.1138 to 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has completed, and target this low. In the bigger […]
30/11/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.63; (P) 147.27; (R1) 147.87; More… USD/JPY’s rebound from 146.65 extended higher today, and immediate focus is on 55 4H EMA (now at 148.61). Sustained break there will argue that corrective fall from 151.89 has completed with three waves down to 146.65. Intraday bias would be back on the upside for 149.66 […]