Logo-color Logo-white

Daily Pivots: (S1) 1.0305; (P) 1.0346; (R1) 1.0421; More… Intraday bias in EUR/USD remains neutral as consolidations from 1.0176 is extending. Outlook will stay bearish as long as 1.0531 resistance holds. On the downside, decisive break of 1.0176 will resume whole fall from 1.1213. Next target will be 61.8% projection of 1.1213 to 1.0176 from […]

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

previous

USD/CAD Daily Outlook

next

USD/CHF Daily Outlook

Read More

22/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9351; (P) 0.9377; (R1) 0.9392; More…. EUR/CHF is staying in converging range and intraday bias stays neutral for the moment. On the downside, break of 0.9332 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and […]
12/10/2024

AUD/USD Weekly Report

AUD/USD’s fall from 0.6941 short term top extended to 0.6701 last week but recovered since then. Initial bias stays neutral this week first. On the downside, break of 0.6701 and sustained trading below 55 D EMA (now at 0.6743) should confirm rejection by 0.6941 fibonacci level. Intraday bias will be back on the downside for […]
09/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8954; (P) 0.8966; (R1) 0.8987; More… Intraday bias in USD/CHF is turned neutral with current recovery. As noted before, rebound from 0.8825 could have completed at 0.9049, after rejection by falling channel resistance. Below 0.8942 will bring deeper fall to 0.8825 support. Nevertheless, break of 0.9049 will revive near term bullishness and […]