Logo-color Logo-white

Daily Pivots: (S1) 1.0857; (P) 1.0870; (R1) 1.0896; More… Intraday bias in EUR/USD remains neutral first and outlook stays bearish with 1.0995 resistance intact. break of 1.0843 will resume the fall from 1.1138 to 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has completed, and target this low. In the bigger […]

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

previous

USD/CAD Daily Outlook

next

USD/CAD Daily Outlook

Read More

12/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6558; (P) 0.6581; (R1) 0.6596; More… Intraday bias in AUD/USD stays mildly on the upside as rise from 0.6348 is in favor to continue. Sustained break of 55 D EMA (now at 0.6612) will target 0.6798 resistance. On the downside, break of 0.6506 minor support will indicate rejection by the 55 D […]
02/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8363; (P) 0.8409; (R1) 0.8462; More…. Intraday bias in USD/CHF remains neutral for consolidation above 0.8332. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.8665 support turned resistance holds. Break of 0.8332 will resume larger fall from 0.9243 to 138.2% projection of 0.9111 to 0.8665 from […]
10/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0742; (P) 1.0764; (R1) 1.0803; More… Intraday bias in EUR/USD stays neutral at this point. Further rally is expected as long as 55 4H EMA (now at 1.0741) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, firm break of 55 4H EMA will […]