Logo-color Logo-white

Daily Pivots: (S1) 0.8305; (P) 0.8332; (R1) 0.8352; More… Intraday bias in EUR/GBP is back on the downside with breach of 0.8316 temporary low. Sustained break of 0.8316 will resume the fall from 0.8624 to 100% projection of 0.8624 to 0.8399 from 0.8463 at 0.8237 next. On the upside, though, above 0.8370 minor resistance will […]

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

previous

USD/JPY Mid-Day Outlook

next

USD/CAD Daily Outlook

Read More

13/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8897; (P) 0.8940; (R1) 0.8988; More…. Intraday bias in USD/CHF remains neutral as range trading continues between 0.8880/8987On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has […]
13/07/2024

EUR/CHF Weekly Outlook

EUR/CHF’s late breach of 0.9754 resistance last week suggests that rise from 0.9476 is resuming. Initial bias is back on the upside this week. Further rally would be seen to retest 0.9928 high. On the downside, however, break of 0.9677 will turn bias to the downside for deeper pullback. In the bigger picture, rebound from […]
07/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0628; (P) 1.0783; (R1) 1.0885; More… Intraday bias in EUR/USD remains on the downside as fall from 1.1213 is in progress. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm break there will pave the way to 100% projection at 1.0483. For now, near term outlook will […]