Logo-color Logo-white

Daily Pivots: (S1) 0.8570; (P) 0.8593; (R1) 0.8615; More…. EUR/GBP is extending consolidation from 0.8548 and intraday bias remains neutral at this point. Further decline is expected as long as 0.8648 support turned resistance holds. On the downside, break of 0.8548 will resume the decline from 0.8764 to retest 0.8419 low next. However, sustained break […]

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

previous

USD/CAD Daily Outlook

next

EUR/AUD Daily Outlook

Read More

12/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0936; (P) 1.0967; (R1) 1.1005; More… Intraday bias in EUR/USD remains neutral as range trading continues. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for retesting 1.1138 high instead. In […]
09/03/2024

AUD/USD Weekly Report

AUD/USD’s rebound from 0.6442 resumed last week and hit as high as 0.6666. Initial bias remains mildly on the upside this week for 61.8% retracement of 0.6877 to 0.6442 at 0.6707 next. Sustained trading above there will argue rise from 0.6442 is probably resuming whole rally from 0.6269. Nevertheless, rejection by 0.6707, followed by sustained […]
15/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.08; (P) 163.31; (R1) 164.36; More… Intraday bias in EUR/JPY remains neutral first. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. However, decisive break of 162.26 support will argue that it’s at least correcting the rise from 153.15, and target 38.2% retracement of […]