Logo-color Logo-white

Daily Pivots: (S1) 0.8622; (P) 0.8633; (R1) 0.8646; More… Range trading continues in EUR/GBP above 0.8595 and intraday bias stays neutral. On the upside, break of 0.8652 will suggest that the corrective pattern from 0.8752 has completed after drawing support from 38.2% retracement of 0.8354 to 0.8752 at 0.8600, and retain near term bullishness. Intraday […]

The post EUR/GBP Daily Outlook appeared first on Action Forex.

previous

EUR/JPY Daily Outlook

next

USD/CHF Mid-Day Outlook

Read More

27/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.57; (P) 153.53; (R1) 154.07; More… Intraday bias in USD/JPY stays on the downside as corrective fall from 156.74 is in progress. Deeper decline would be seen to 38.2% retracement of 139.57 to 156.74 at 150.18. On the upside, above 153.23 minor resistance will turn intraday bias neutral first. But risk will […]
17/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9111; (P) 0.9132; (R1) 0.9152; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.9151 is extending. Further rally is expected as long as 0.8996 support holds. Firm break of 0.9151 will target 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.9268. In the bigger picture, price actions from 0.8332 […]
01/06/2024

EUR/GBP Weekly Outlook

EUR/GBP breached 0.8491 key support last week but quickly recovered. Initial bias stays neutral this week first. Further decline is expected as long as 55 D EMA (now at 0.8553) holds. Decisive break of 0.8491/7 will resume larger down trend to 0.8376 projection level next. However, sustained break of 55 D EMA will turn bias […]