Logo-color Logo-white

Daily Pivots: (S1) 1.0395; (P) 1.0428; (R1) 1.0455; More… Current price actions in EUR/USD are seen as part of the consolidation pattern from 1.0176. Intraday bias stays neutral at this point. Stronger rebound might be seen but outlook will remain bearish as long as 38.2% retracement of 1.1213 to 1.0176 at 1.0572 holds. On the […]

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

previous

EUR/CHF Daily Outlook

next

USD/CHF Daily Outlook

Read More

04/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3508; (P) 1.3534; (R1) 1.3581; More… Intraday bias in USD/CAD is back on the upside as rebound from 1.3418 resumed by breaking through 1.3538. Further rally would be seen to 1.3646 resistance. Decisive break there will indicate that whole fall from 1.3946 has completed, and turn near term outlook bullish. However, break […]
09/01/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0276; (P) 1.0317; (R1) 1.0361; More… EUR/USD is still bounded in range trading above 1.0223 and intraday bias stays neutral. Outlook also stays bearish with 1.0457 resistance intact. Firm break of 1.0223 will resume the fall from 1.1213. However, sustained break of 1.0457 will confirm short term bottoming, and turn bias to […]
20/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3525; (P) 1.3570; (R1) 1.3610; More… Intraday bias in USD/CAD remains on the upside at this point. Current rally from 1.3176 is in progress for 61.8% projection of 1.3176 to 1.3540 from 1.3419 at 1.3644 first. Decisive break there could prompt upside acceleration to 100% projection at 1.3783 next. On the downside, […]