Logo-color Logo-white

Daily Pivots: (S1) 1.0692; (P) 1.0708; (R1) 1.0731; More…. Immediate focus in now on 1.0760 resistance as EUR/USD extends the rebound from 1.0665. Decisive break there will argue that pull back from 1.0915 has completed. Intraday bias will be back on the upside for 55 D EMA (now at 1.0773) and above. Meanwhile, rejection by […]

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

previous

USD/CHF Weekly Outlook

next

USD/CAD Daily Outlook

Read More

10/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.08; (P) 194.48; (R1) 195.11; More.. GBP/JPY’s rebound from 191.34 is still in progress and intraday bias stays on the upside. This rebound is seen as the second leg of the corrective pattern. Further rise would be seen back to 197.40 resistance. On the downside, however, break of 193.82 minor support will […]
11/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.09; (P) 152.66; (R1) 153.73; More… No change in USD/JPY’s outlook and intraday bias remains on the upside. Sustained break of 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03 will target 155.20 projection level next. On the downside, below 151.95 support will turn intraday bias neutral again. But outlook will […]
05/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6300; (P) 1.6339; (R1) 1.6410; More… Intraday bias in EUR/AUD is turned neutral first with break of 1.6449 support turned resistance. Some consolidations should be seen first, but another fall is expected. Break of 1.6267 will resume the decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 […]