Logo-color Logo-white

Daily Pivots: (S1) 1.0529; (P) 1.0591; (R1) 1.0627; More… EUR/USD’s fall from 1.1213 resumed after brief recovery and intraday bias is back on the downside. Further decline should be seen to 100% projection of 1.1213 to 1.0760 from 1.0936 at 1.0483. Break there will target 1.0404 key fibonacci level. On the upside, above 1.0652 minor […]

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

previous

EUR/GBP Daily Outlook

next

USD/CHF Daily Outlook

Read More

16/03/2024

AUD/USD Weekly Report

AUD/USD’s fall from 0.6666 extended last week and confirm short term topping. Initial bias remains on the downside for 0.6476 support first. Break there will argue that decline from 0.6870 is ready to resume through 0.6442 low. On the upside, break of 0.6629 minor resistance will turn bias back to the upside to extend the […]
26/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6411; (P) 1.6491; (R1) 1.6551; More… Intraday bias in EUR/AUD stays neutral for the moment. With 1.6398 minor support intact, further rally is in favor. Corrective fall from 1.7062 should have completed with three waves down to 1.6127 already. Above 1.6671 will target 1.6844 resistance to confirm this bullish case. However, break […]
24/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9524; (P) 0.9545; (R1) 0.9583; More…. EUR/CHF is staying inc consolidation above 0.9476 and intraday bias remains neutral. While stronger recovery cannot be ruled out, outlook will remain bearish as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 at […]