Logo-color Logo-white

Daily Pivots: (S1) 0.8555; (P) 0.8574; (R1) 0.8597; More… Intraday bias in EUR/GBP remains neutral at this point. Further decline is expected as long as 0.8619 resistance holds. On the downside, decisive break of 0.8548 will indicate that larger down trend is ready to resume through 0.8491 low. However, break of 0.8619 will dampen this […]

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

previous

EUR/AUD Weekly Outlook

next

EUR/USD Mid-Day Outlook

Read More

03/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0810; (P) 1.0843; (R1) 1.0905; More… EUR/USD falls sharply in early US session but stays above 1.0779 temporary low. Intraday bias remains neutral first. On the downside, below 1.0779 will resume the fall from 1.1138. But considering bullish convergence condition in 4H MACD, strong support could be seen from 1.0722 to bring […]
16/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… EUR/USD’s rally from 1.0601 continues today and intraday bias stays on the upside. Next target is 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed already. On the downside, below 1.0833 minor support will turn intraday bias neutral first. But further […]
11/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3604; (P) 1.3623; (R1) 1.3639; More… Intraday bias in USD/CAD remains neutral for the moment. Outlook is unchanged that corrective pattern from 1.3845 could extend. Break of 1.3589 will target 100% projection of 1.3845 to 1.3589 from 1.3790 at 1.3534. Strong support would be seen there to bring rebound. On the upside, […]