Logo-color Logo-white

Daily Pivots: (S1) 0.8544; (P) 0.8569; (R1) 0.8610; More… Intraday bias in EUR/GBP stays on the upside with immediate focus on 0.8624 key cluster resistance next. Decisive break there will be an important indication of larger bullish trend reversal. Next near term target will be 161.8% projection of 0.8239 to 0.8448 from 0.8314 at 0.8652. […]

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

previous

USD/CAD Daily Outlook

next

EUR/USD Daily Outlook

Read More

29/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0866; (R1) 1.0879; More… Range trading continues in EUR/USD and intraday bias remains neutral. More consolidations could still be seen. On the upside, break of 1.0894 will resume the rally from 1.0601 to 1.0980 resistance next. However, break of 1.0804 will turn bias back to the downside for 1.0752 resistance […]
20/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0744; (P) 1.0766; (R1) 1.0800; More… EUR/USD is extending the consolidation from 1.0694 and intraday bias stays neutral. . Further decline is in favor with 1.0804 resistance intact. On the downside, below 1.0694 will resume the fall from 1.1138 to retest 1.0447 support. Nevertheless, considering bullish convergence condition in 4H MACD, above […]
15/11/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2623; (P) 1.2674; (R1) 1.2719; More… GBP/USD’s fall from 1.3433 is still in progress and intraday bias stays on the downside. Next target is 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. On the upside, above 1.2768 minor resistance will turn intraday bias neutral first. But outlook will stay bearish […]