Logo-color Logo-white

Daily Pivots: (S1) 1.0628; (P) 1.0650; (R1) 1.0675; More… Range trading continues in EUR/USD and intraday bias remains neutral. Upside of recovery should be limited by 1.0723 support turned resistance. Break of 1.0601 will resume the fall from 1.1138 to 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. In the bigger picture, […]

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

previous

EUR/CHF Daily Outlook

next

USD/JPY Daily Outlook

Read More

09/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6557; (P) 0.6580; (R1) 0.6602; More… Intraday bias in AUD/USD remains neutral at this point. Further rise is in favor as long as 55 4H EMA (now at 0.6562) holds. Above 0.6645 will resume the rebound from 0.6361. On the downside, however, firm break of 55 4H EMA will bring deeper fall […]
18/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8443; (P) 0.8460; (R1) 0.8490; More… USD/CHF is still bounded in sideway trading and intraday bias stays neutral. With 0.8548 resistance intact, further decline is still expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. […]
04/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0888; (P) 1.0927; (R1) 1.0960; More… Intraday bias in EUR/USD in turned neutral first with 4H MACD crossed above signal line. But further decline is mildly in favor with 1.1014 minor resistance holds. Below 1.0892 will resume the fall from 1.1138 short term top for 1.0772 support. Sustained break there will argue […]