Logo-color Logo-white

Daily Pivots: (S1) 0.8676; (P) 0.8686; (R1) 0.8695; More… Intraday bias in EUR/GBP remains neutral as sideway trading continues. On the downside, break of 0.8654 will resume the fall from 0.8750. Decisive break there will indicate bearish reversal and target 38.2% retracement of 0.8221 to 0.8750 at 0.8548. Nevertheless, on the upside, break of 0.8750/2 […]

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

previous

USD/CAD Daily Outlook

next

EUR/AUD Daily Outlook

Read More

15/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0929; (P) 1.0958; (R1) 1.0980; More… EUR/USD is still bounded in range trading and intraday bias remains neutral. Further fall is in favor as long as 1.0997 minor resistance intact. Break of 1.0876 will resume the fall from 1.1138 to 1.0722 support next. Nevertheless, firm break of 1.0997 will turn bias back […]
25/05/2024

EUR/USD Weekly Outlook

EUR/USD’s retreat from 1.0894 continued last week and recovered after dipping to 1.0804. Initial bias stays neutral this week first, and further rise is mildly in favor. 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 turned […]
23/09/2024

EUR/AUD Weekly Outlook

EUR/AUD’s extended decline last week suggests that rebound from 1.6256 has completed at 1.6629 already. Nevertheless, as a temporary low was formed at 1.6315, initial bias is neutral this week first. Risk will stay on the downside as long as 1.6629 resistance holds. Below 1.6315 will bring retest of 1.6256. Firm break there will resume […]