Logo-color Logo-white

Daily Pivots: (S1) 1.0904; (P) 1.0924; (R1) 1.0946; More… Intraday bias in EUR/USD remains neutral for the moment. Further rise is in favor as long as 55 4H EMA (now at 1.0892) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high). However, sustained break of the EMA will turn bias to […]

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

previous

EUR/JPY Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

29/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3151; (P) 1.3208; (R1) 1.3249; More… Intraday bias in GBP/USD remains neutral as consolidations continues below 1.3265. Downside of retreat should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at […]
20/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9062; (P) 0.9080; (R1) 0.9110; More…. No change in USD/CHF’s outlook and intraday bias stays neutral. On the upside, firm break of 0.9101 will argue that corrective fall from 0.9223 has completed with three waves down to 0.8987 already. Further rise should then be seen to retest 0.9223. On the downside, though, […]
07/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2642; (P) 1.2723; (R1) 1.2772; More… Intraday bias in GBP/USD remains on the upside at this point. Fall from 1.3043 is in progress for 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and target this support next. For now, risk will remain on the downside as long […]