Logo-color Logo-white

Daily Pivots: (S1) 1.0911; (P) 1.0929; (R1) 1.0944; More… Intraday bias in EUR/USD remains neutral as consolidations continue below 1.0980 temporary top. Further rise would remain in favor as long as 1.0797 support holds. Fall from 1.1138 could have completed at 1.0694, as a correction to rise from 1.0447. Above 1.0980 will resume the rise […]

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

previous

EUR/USD Mid-Day Outlook

next

GBP/JPY Daily Outlook

Read More

22/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 198.20; (P) 198.56; (R1) 198.84; More… GBP/JPY’s rally continues today and intraday bias stays on the upside. Current rise from 191.34, as the second leg of the corrective pattern from 200.53, should target 100% projection of 191.34 to 180.07 from 195.02 at 200.75. But upside should be limited there. On the downside, […]
19/02/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rise from 153.15 resumed by breaking 161.84 resistance last week. Initial bias remains on the upside for retesting 164.29 high next. On the downside, however, below 160.90 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 164.29 medium term top are seen as a correction to rise from […]
04/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8467; (P) 0.8511; (R1) 0.8535; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.8332 is in progress. Outlook stays bearish with 0.8665 support turned resistance intact. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture, break of 0.8551 support […]