Logo-color Logo-white

Daily Pivots: (S1) 1.1080; (P) 1.1135; (R1) 1.1172; More…. Intraday bias in EUR/USD stays mildly on the upside at this point. Decisive break of 1.1200 will resume larger rally from 1.0665 to 1.1274 high next. On the downside, however, break of 1.1072 will turn bias back to the downside for 1.1001 support instead. In the […]

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

previous

AUD/USD Daily Report

next

EUR/CHF Mid-Day Outlook

Read More

03/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.41; (P) 151.61; (R1) 151.75; More… Intraday bias in USD/JPY remains neutral as sideway trading continues below 151.96. On the downside, break of 150.25 support should confirm short term topping, and turn bias back to the downside for 55 D EMA (now at 149.43). Nevertheless, sustained break of 151.93 key resistance will […]
21/05/2024

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3602; (P) 1.3618; (R1) 1.3641; More… USD/CAD recovered notably today but stays below 1.3689 resistance. Intraday bias stays neutral first. Strong bounce from current level will confirm support by 55 D EMA (now at 1.3628). Break of 1.3689 minor resistance will argue that correction from 1.3845 has completed, and bring stronger rally […]
13/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2504; (P) 1.2523; (R1) 1.2543; More… GBP/USD is staying below 1.2633 resistance despite today’s rally. Intraday bias remains neutral for the moment. Further rise is mildly in favor with 1.2445 support intact. On the upside, break of 1.2633 will resume the rally from 1.2298 to 1.2708 resistance next. However, firm break of […]