Logo-color Logo-white

Daily Pivots: (S1) 0.8427; (P) 0.8440; (R1) 0.8453; More… Intraday bias in EUR/GBP remains neutral for the moment. Consolidation from 0.8399 is in progress and stronger recovery cannot be ruled out. But upside should be limited by 38.2% retracement of 0.8624 to 0.8399 at 0.8485. Break of 0.8399 will bring retest of 0.8382 low. Firm […]

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

previous

EUR/JPY Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

14/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8679; (P) 0.8729; (R1) 0.8768; More…. USD/CHF recovered ahead of 0.8665 support and intraday bias is turned neutral first. Risk will stay on the downside as long as 0.8819 resistance holds. On the downside, firm break of 0.8665 will resume the whole fall from 0.9243 to 0.8551 key support level. In the […]
30/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 157.16; (P) 157.44; (R1) 157.94; More… Intraday bias in USD/JPY is turned neutral with current retreat. On the downside, break of 156.57 minor support will indicate short term topping, on bearish divergence condition in 4 H MACD. Intraday bias will be back on the downside for 153.59 support. Firm break there will […]
10/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2471; (P) 1.2499; (R1) 1.2552; More… Intraday bias in GBP/USD remains neutral at this point, as it recovered after dipping to 1.2445. Strong bounce from current level will retain near term bullishness. Further break of 1.2633 will resume the rebound from 1.2298 to 1.2708 resistance next. However, firm break of firm break […]