Logo-color Logo-white

Daily Pivots: (S1) 0.8546; (P) 0.8562; (R1) 0.8578; More… Intraday bias in EUR/GBP remains neutral for the moment and outlook is unchanged. On the downside, break of 0.8497 will resume recent fall to 0.8464 projection level. However, considering bullish convergence condition in 4H MACD, sustained break of 0.8571 will confirm short term bottoming, and turn […]

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

previous

EUR/USD Mid-Day Outlook

next

EUR/CHF Daily Outlook

Read More

18/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0857; (P) 1.0870; (R1) 1.0896; More… Intraday bias in EUR/USD is turned neutral with 4H MACD crossed above signal line. Some consolidations could be seen but further decline is expected 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 […]
06/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6390; (P) 0.6455; (R1) 0.6562; More… AUD?USD rebounded strongly after diving to 0.6348 but upside is capped below 0.6567 resistance so far. Intraday bias is turned neutral first, and further fall is in favor. Below 0.6434 minor support will bring retest of 0.6348 low. Firm break there will resume the decline from […]
13/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6360; (P) 1.6417; (R1) 1.6511; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.6267 is extending. Outlook will stay bearish as long as 1.6515 resistance holds. On the downside, break of 1.6267 will resume the whole decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 […]