Logo-color Logo-white

Daily Pivots: (S1) 1.0768; (P) 1.0835; (R1) 1.0870; More…. Intraday bias in EUR/USD stays on the downside at this point. Rebound from 1.0601 might have completed at 1.0915 already. Fall from there could be another falling leg of the corrective pattern from 1.1274. Further decline could be seen to retest 1.0601 support next. On the […]

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

previous

GBP/JPY Daily Outlook

next

AUD/USD Daily Report

Read More

17/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 156.73; (P) 157.50; (R1) 158.23; More… Intraday bias in USD/JPY remains neutral for the moment. Further rally would remain in favor as long as 154.53 support holds. Break of 158.25 will resume the choppy rise from 151.86 towards 160.20 high. But upside should be limited there, at least on first attempt. In […]
11/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8754; (P) 0.8788; (R1) 0.8834; More…. USD/CHF’s rebound from 0.8665 short term bottom is still in progress. Intraday bias stays on the upside for 0.8886 support turned resistance first. Decisive break there will indicate that whole fall from 0.9243 has completed, and bring stronger rally to 0.9111 resistance next. On the downside, […]
31/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0798; (P) 1.0822; (R1) 1.0855; More…. Intraday bias in EUR/USD stays neutral as range trading continues. On the upside, firm break of 1.0894 will resume the rise from 1.0601 towards 1.0980 resistance next. However, sustained trading below 38.2% retracement of 1.0601 to 1.0894 at 1.0782 will argue that rebound from 1.0601 has […]