Logo-color Logo-white

Daily Pivots: (S1) 1.0924; (P) 1.0944; (R1) 1.0968; More… EUR/USD is still capped below 1.0980 resistance despite current recovery. Intraday bias remains neutral first. Further rise is in favor as long as 55 4H EMA (now at 1.0904) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high. However, sustained break of […]

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

previous

USD/JPY Mid-Day Outlook

next

GBP/JPY Daily Outlook

Read More

13/04/2024

USD/CAD Weekly Outlook

USD/CAD’s rally from 1.3176 resumed last week and accelerated to close at 1.3770. Initial bias stays on the upside this week. Next target is 100% projection of 1.3176 to 1.3540 from 1.3477 at 1.3841. On the downside, below 1.3724 minor support will turn intraday bias neutral and bring consolidations first, before staging another rise. In […]
18/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.33; (P) 147.92; (R1) 148.75; More… Intraday bias in USD/JPY remains on the upside, as rise from 140.25 is in progress. Next target is 151.89/93 key resistance zone next. On the downside, below 147.06 minor support will turn intraday bias neutral and bring consolidations first. But further rally will remain in favor […]
18/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0855; (P) 1.0929; (R1) 1.0970; More… Intraday bias in EUR/USD stays neutral for the moment, as consolidation from 1.1016 is extending. Deeper retreat cannot be ruled out, but further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to […]