Logo-color Logo-white

Daily Pivots: (S1) 0.8508; (P) 0.8520; (R1) 0.8528; More… Intraday bias in EUR/GBP remains neutral for the moment, and further decline is expected as long as 55 D EMA (now at 0.8561) holds. Decisive break of 0.8491/7 will resume larger down trend to 0.8376 projection level next. In the bigger picture, outlook remains bearish as […]

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

previous

EUR/CHF Daily Outlook

next

EUR/AUD Daily Outlook

Read More

30/01/2024

EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.6340; (P) 1.6423; (R1) 1.6470; More… Intraday bias in EUR/AUD is turned neutral first with today’s strong recovery. On the upside, break of 1.6512 minor resistance will argue that pull back from 1.6671 has completed, and revive near term bullishness. Intraday bias will be back on the upside for 1.6671 resistance. On […]
03/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 173.19; (P) 173.41; (R1) 173.73; More… EUR/JPY’s rally continues today and intraday bias stays on the upside. Current up trend should target 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the downside, below 173.07 minor support will turn intraday bias neutral and bring consolidations first. But outlook will remain […]
03/08/2024

USD/CAD Weekly Outlook

USD/CAD’s rise from 1.3176 resumed by breaking through 1.3845 resistance last week. Initial bias stays on the upside this week for 61.8% projection of 1.3176 to 1.3845 from 1.3588 at 1.4025 next. For now break of 1.3786 support is needed to indicate short term topping. Otherwise, outlook will remain bullish in case of retreat. In […]