Logo-color Logo-white

Daily Pivots: (S1) 1.1138; (P) 1.1164; (R1) 1.1201; More…. Intraday bias in EUR/USD remains neutral as consolidations continues below 1.1213. Further rally is expected as long as 1.1001 support holds. Above 1.1213 will extend larger rally from 1.0665 to 100% projection of 1.0776 to 1.1200 from 1.1001 at 1.1425. In the bigger picture, corrective pattern […]

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

previous

EUR/GBP Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

06/04/2024

USD/CAD Weekly Outlook

USD/CAD’s rise from 1.3176 resumed by breaching 1.3613 resistance last week. Initial bias stays on the upside this week for channel resistance at 1.3665 first. Sustained break there would prompt upside acceleration towards 1.3897 resistance next. For now, near term outlook will stay bullish as long as 1.3477 support holds, in case of retreat. In […]
05/11/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9382; (P) 0.9412; (R1) 0.9428; More…. No change in EUR/CHF’s outlook as range trading continues. Intraday bias stays neutral for the moment. On the downside, break of 0.9331 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9444 will turn intraday bias to the upside for 0.9506 […]
18/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0841; (P) 1.0897; (R1) 1.0933; More… Intraday bias in EUR/USD remains on the downside at this point. Current decline from 1.1138 is in progress for 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has completed, and target this low. For now, risk will stay on the downside as […]