Logo-color Logo-white

Daily Pivots: (S1) 1.1128; (P) 1.1155; (R1) 1.1206; More…. Immediate focus is now on 1.1200 resistance as EUR/USD’s rebound from 1.1001 extends today. Break there will resume the rally from 1.0665 to retest 1.1274 high. Firm break there will resume larger up trend. Next near term target will be 100% projection of 1.0776 to 1.1200 […]

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

previous

USD/CHF Daily Outlook

next

GBP/JPY Daily Outlook

Read More

14/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.83; (P) 168.24; (R1) 168.98; More… Intraday bias in EUR/JPY stays on the upside at this point. Rebound from 164.01 is seen as the second leg of the corrective pattern from 171.58. Firm break of 168.64 will target 171.58 high. On the downside, below 167.49 minor support will turn intraday bias neutral […]
07/11/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6508; (P) 0.6577; (R1) 0.6640; More… AUD/USD failed to sustain below 61.8% retracement of 0.6269 to 0.6941 at 0.6526 will target 0.6348, and recovered after dipping to 0.6511. Intraday bias is turned neutral again first. Further fall is still expected as long as 0.6644 resistance holds. Firm break of 0.6526 will pave […]
23/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6784; (P) 0.6806; (R1) 0.6830; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6348 is in progress for 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915 next. On the downside, below 0.6736 minor support will turn intraday bias neutral first. But outlook will […]