Logo-color Logo-white

Daily Pivots: (S1) 1.0799; (P) 1.0811; (R1) 1.0833; More… Intraday bias in EUR/USD stays on the upside for the moment. Sustained trading above above 55 D EMA (now at 1.0832) will argue that fall from 1.1138 has completed and target this resistance. Meanwhile, rejection by 55 D EMA, followed by break of 1.0761 minor support […]

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

previous

EUR/USD Mid-Day Outlook

next

GBP/USD Daily Outlook

Read More

04/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 173.66; (P) 174.09; (R1) 174.87; More… Intraday bias in EUR/JPY stays on the upside for the moment. Decisive break of 100% projection of 164.01 to 170.87 from 167.52 at 174.38 will target 138.2% projection at 177.00. On the downside, below 173.07 minor support will turn intraday bias neutral and bring consolidations first. […]
03/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6629; (P) 0.6651; (R1) 0.6675; More…. AUD/USD is staying in range below 0.6713 and intraday bias stays neutral at this point. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 […]
21/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 158.25; (P) 158.59; (R1) 159.28; More… USD/JPY’s rise from 151.85 is still in progress and intraday bias stays on the upside. Further rally could be seen to 160.20 high, or possibly to 100% projection of 151.86 to 157.70 from 154.53 at 160.37. But upside should be limited there, at least on first […]