Logo-color Logo-white

Daily Pivots: (S1) 0.8554; (P) 0.8573; (R1) 0.8605; More…. Intraday bias in EUR/GBP is turned neutral first with current retreat, and more consolidations could be seen below 0.8624. But outlook stays bullish as long as 38.2% retracement of 0.8382 to 0.8624 at 0.8532 holds. Firm break of 0.8624 will resume the rally from 0.8382. However, […]

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

previous

USD/CAD Daily Outlook

next

EUR/JPY Mid-Day Outlook

Read More

28/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 170.08; (P) 170.29; (R1) 170.61; More… EUR/JPY’s rally from 164.01 is still in progress and intraday bias stays on the upside. Break of 61.8% projection of 164.01 to 169.38 from 167.31 at 170.62 will target 171.58 high. Strong resistance could be seen there to limit upside. On the downside, below 169.45 minor […]
07/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6370; (P) 1.6427; (R1) 1.6493; More… EUR/AUD is staying in consolidation from 1.6267 and intraday bias remains neutral at this point. Outlook stays bearish as long as 55 D EMA (now at 1.6593) holds. On the downside, break of 1.6267 will resume larger decline from 1.7062 to 100% projection of 1.7062 to […]
21/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8628; (P) 0.8648; (R1) 0.8679; More…. Intraday bias in EUR/GBP remains on the upside at this point. Rebound from 0.8548 would target 0.8764 key resistance next. On the downside, however, break of 0.8597 will turn bias back to the downside for 0.8548 support instead. In the bigger picture, current development suggests that […]