Logo-color Logo-white

Daily Pivots: (S1) 1.0805; (P) 1.0834; (R1) 1.0852; More… EUR/USD recovers ahead of 1.0810 resistance turned support. Intraday bias stays neutral at this point. On the upside, break of 1.0894 will resume the rise from 1.0601 to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed at 1.0601 already. However, […]

The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

previous

GBP/USD Mid-Day Outlook

next

EUR/USD Daily Outlook

Read More

10/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9754; (P) 0.9764; (R1) 0.9778; More… Intraday bias in EUR/CHF remains neutral and outlook is unchanged. Fall from 0.9835 is seen as the third leg of the corrective pattern from 0.9847. Risk will stay on the downside as 0.9835 resistance holds. Below 0.9278 will turn bias back to the downside for 0.9563 […]
20/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.29; (P) 155.63; (R1) 156.02; More… No change in USD/JPY’s outlook and intraday bias stays neutral. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to retest 160.20 high. On the downside, below 153.59 will […]
10/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.42; (P) 157.73; (R1) 158.24; More… Intraday bias in EUR/JPY stays neutral at this point, and further rally is in favor with 155.06 support intact. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. In the bigger picture, price […]