Logo-color Logo-white

Daily Pivots: (S1) 1.0886; (P) 1.0915; (R1) 1.0949; More….. Intraday bias in EUR/USD remains neutral first and outlook is unchanged. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume recent rally […]

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

previous

EUR/USD Mid-Day Outlook

next

AUD/USD Daily Report

Read More

19/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2678; (P) 1.2700; (R1) 1.2730; More… GBP/USD is still in weak recovery today and intraday bias remains neutral. Risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. In […]
02/05/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6390; (P) 1.6442; (R1) 1.6477; More… Intraday bias in EUR/AUD remains neutral and outlook is unchanged. Further decline is expected as long as 1.6484 resistance holds. Below 1.6288 will resume the fall from 1.6742 to 1.6127 support, or further to 100% projection of 1.7062 to 1.6127 from 1.6742 at 1.5807. However, break […]
06/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9001; (P) 0.9055; (R1) 0.9104; More…. Outlook in USD/CHF is unchanged and intraday bias stays on the downside. Sustained break of 55 D EMA (now at 0.8993) will bring deeper fall to 38.2% retracement of 0.8332 to 0.9223 at 0.8883. On the upside, above 0.9087 minor resistance will turn intraday bias again […]