Logo-color Logo-white

Daily Pivots: (S1) 1.0782; (P) 1.0810; (R1) 1.0827; More… Intraday bias in EUR/USD remains on the downside as fall from 1.1213 is in progress for 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. On the upside, break of 1.0871 resistance is needed to indicate short term bottoming. […]

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

previous

USD/JPY Mid-Day Outlook

next

USD/CAD Mid-Day Outlook

Read More

26/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2679; (P) 1.2711; (R1) 1.2740; More… Range trading continues in GBP/USD and intraday bias remains neutral. Deeper pull back cannot be ruled out. But downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has completed. Further rise should […]
20/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.36; (P) 169.63; (R1) 170.12; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside break of 170.12 resistance will argue that pull back from 170.87 has completed at167.52, after drawing support from 55 D EMA. Intraday bias will be back on the upside for 170.87 and then 171.58 […]
23/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.06; (P) 191.00; (R1) 192.46; More… Intraday bias in GBP/JPY remains neutral as consolidation from 191.99 is extending. On the upside, above 191.99 will resume the rally from 180.00, and target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, […]