Logo-color Logo-white

Daily Pivots: (S1) 1.0626; (P) 1.0658; (R1) 1.0675; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of 1.0601 will resume the decline from 1.1138 to 100% projection of 1.1138 to 1.0694 from […]

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

previous

USD/CAD Daily Outlook

next

EUR/AUD Weekly Outlook

Read More

03/08/2024

EUR/AUD Weekly Outlook

EUR/AUD’s rise from 1.5996 extended through 1.6742 resistance last week despite interim pullback. The development strengthens the case that corrective fall from 1.7062 has completed with three waves down to 1.5998. Initial bias is on the upside this week for retesting 1.7062 high. On the downside, break of 1.6474 support is needed to indicate short […]
15/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8491; (P) 0.8513; (R1) 0.8526; More… Intraday bias in EUR/GBP remains on the downside at this point. Current fall should be part of the larger down trend and should target 0.8464 projection level. For now, break of 0.8571 resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in […]
27/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9894; (P) 0.9911; (R1) 0.9939; More…. Intraday bias in EUR/CHF is now on the upside this week as recent rally continues. Current rise from 0.9252 should target 100% projection of 0.9304 to 0.9847 from 0.9563 at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below 0.9880 minor support […]