Logo-color Logo-white

Daily Pivots: (S1) 1.0850; (P) 1.0872; (R1) 1.0890; More… EUR/USD is staying in consolidation below 1.0894 and intraday bias stays neutral at this point. Further rally is expected as long as 1.0765 support holds. Break of 1.0894 will resume the rise from 1.0601 to 1.0980 resistance. Decisive break there will confirm that whole fall from […]

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

previous

EUR/JPY Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

27/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8518; (P) 0.8550; (R1) 0.8569; More…. USD/CHF’s decline resumes by breaching 0.8513 temporary low and intraday bias is back on the downside. Current fall should target 100% projection of 0.9111 to 0.8665 from 0.8819 at 0.8373 next. On the upside, above 0.8578 minor resistance will turn intraday bias neutral again. But outlook […]
13/04/2024

EUR/AUD Weekly Outlook

EUR/AUD’s fall from 1.6742 extended to 1.6368 last week before turning sideway. Initial bias stays neutral this week first, but risk will stay on the downside as long as 1.6516 resistance holds. On the downside, below 1.6368 will resume the fall from 1.6742 towards 1.6127 low. Nevertheless, break of 1.6516 will turn bias back to […]
19/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8636; (P) 0.8685; (R1) 0.8710; More….. Intraday bias in USD/CHF remains neutral for the moment. On the downside, break of 0.8616 support will indicate rejection by 38.2% retracement of 0.9223 to 0.8431 at 0.8734, and turn bias back to the downside for retesting 0.8431 low. On the upside, sustained break of 0.8734 […]