Logo-color Logo-white

Daily Pivots: (S1) 0.8712; (P) 0.8729; (R1) 0.8753; More… Intraday bias in EUR/GBP remains neutral with immediate focus on 0.8750 resistance. Firm break there will resume larger rise from 0.8221 to 0.8867 fibonacci level. On the downside, though, break of 0.8654 support will now indicate near term bearish reversal. In the bigger picture, rise from […]

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

previous

EUR/JPY Daily Outlook

next

USD/CHF Mid-Day Outlook

Read More

23/09/2024

EUR/AUD Mid-Day Outlook

Daily Pivots: (S1) 1.6363; (P) 1.6396; (R1) 1.6435; More… Intraday bias in EUR/AUD is back on the downside with break of 1.6315 temporary low. Further break of 1.6256 will resume whole decline from 1.7180 to 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058. On the upside, above 1.6428 minor resistance will turn intraday […]
10/08/2024

EUR/USD Weekly Outlook

EUR/USD retreated after initial rise to 1.1007 last week and turned into consolidations. Initial bias stays neutral this week first. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume rally from […]
12/12/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.88; (P) 159.79; (R1) 160.93; More… Outlook in EUR/JPY remains unchanged as rise from 156.16 is seen as a corrective recovery. Further decline is expected as long as 55 D EMA (now at 161.76) holds. On the downside, below 157.85 minor support will bring retest of 156.16 first. Break there will target […]