Logo-color Logo-white

Daily Pivots: (S1) 1.1298; (P) 1.1349; (R1) 1.1381; More… EUR/USD’s fall from 1.1572 resumed by breaking through 1.1306 support. Intraday bias is back on the downside for 100% projection of 1.1572 to 1.1306 from 1.1424 at 1.1158. But downside should be contained by 38.2% retracement of 1.0176 to 1.1572 at 1.1039 to complete the correction. […]

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

previous

USD/JPY Daily Outlook

next

GBP/USD Daily Outlook

Read More

18/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3476; (P) 1.3509; (R1) 1.3538; More… Intraday bias in USD/CAD is turned neutral with 4H MACD crossed below signal line. Some consolidations could be seen first. But further rally is expected as long as 1.3342 support holds. Above 1.3540 will resume the rise from 1.3176 to 1.3617 cluster resistance (61.8% retracement of […]
20/02/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9027; (P) 0.9041; (R1) 0.9060; More… Current price actions in USD/CHF are seen as part of the consolidations pattern from 0.9200. Intraday bias stays neutral at this point. While deeper pull back might be seen, outlook will stay mildly bullish as long as 38.2% retracement of 0.8374 to 0.9200 at 0.8884 holds. […]
24/11/2024

USD/CAD Weekly Outlook

USD/CAD stayed in consolidation last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, above 1.4035 minor resistance will bring retest of 1.4104 high. Firm break there will resume larger up trend. On the downside, below 1.3930 will extend the correction to 1.3841 cluster support (38.2% retracement of 1.3418 […]