Logo-color Logo-white

Daily Pivots: (S1) 0.8318; (P) 0.8340; (R1) 0.8352; More… Intraday bias in EUR/GBP stays neutral and more consolidation could be seen above 0.8316 temporary low. Outlook will remain bearish as long as 0.8399 support turned resistance holds. On the downside, below 0.8316 will resume the fall from 0.8624 to 100% projection of 0.8624 to 0.8399 […]

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

previous

USD/CAD Daily Outlook

next

EUR/AUD Daily Outlook

Read More

03/12/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.86; (P) 149.81; (R1) 150.53; More… With 151.94 minor resistance intact, further decline is expected in USD/JPY. Sustained trading below 38.2% retracement of 139.57 to 156.74 at 150.18 will argue that whole rise from 139.57 could have completed. Deeper fall should then be seen to 61.8% retracement at 146.12 next. On the […]
05/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8524; (P) 0.8536; (R1) 0.8551; More… Intraday bias in EUR/GBP stays neutral for the moment. Near term outlook will stay bearish as long as 0.8591 resistance holds. Below 0.8512 will resume the decline from 0.8713 to 0.8491, and then 0.8464 projection level. However, firm break of 0.8591 will turn bias back to […]
30/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6868; (P) 0.6902; (R1) 0.6937; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6340 should target 100% projection of 0.6348 to 0.6823 from 0.6621 at 0.7096. On the downside, below 0.6867 minor support will turn intraday bias neutral first. In the bigger picture, overall, price […]