Logo-color Logo-white

Daily Pivots: (S1) 1.3510; (P) 1.3530; (R1) 1.3566; More… GBP/USD is still bounded in range below 1.3594 and intraday bias stays neutral. With 1.3389 support intact, further rally is in favor. On the upside, above 1.3594 will resume the rebound from 1.3140 to retest 1.3787 high. On the downside, however, break of 1.3389 support will […]

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

previous

EUR/USD Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

01/11/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.72; (P) 165.71; (R1) 166.47; More…. Intraday bias in EUR/JPY stays neutral for consolidations below 166.67 temporary top. Further rally is in favor as long as 55 D EMA (now at 162.92) holds. Sustained break of 61.8% retracement of 175.41 to 154.40 at 167.38 will pave the way to retest 175.41 high. […]
08/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 147.65; (P) 148.39; (R1) 148.93; More… Intraday bias in USD/JPY remains on the upside as rebound from 139.57 low is in progress. This rally is seen as the second leg of the corrective pattern from 161.94. Break of 149.35 resistance will target 61.8% retracement of 161.94 to 139.57 at 153.39 next. On […]
29/04/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8159; (P) 0.8239; (R1) 0.8280; More…. No change in USD/CHF’s outlook and intraday bias remains neutral. On the upside, above 0.8333 will resume the rebound from 0.8038 short term bottom. But upside should be limited by 38.2% retracement of 0.9200 to 0.8038 at 0.8482. On the downside, below 0.8196 minor support will […]