Logo-color Logo-white

Daily Pivots: (S1) 1.1268; (P) 1.1307; (R1) 1.1329; More… EUR/USD’s break of 1.1255 support suggests that rebound 1.1064 has completed at 1.1417. Corrective pattern from 1.1572 is now extending with another falling leg. Intraday bias is back on the downside for 1.1064 first. Break there will target 100% projection of 1.1572 to 1.1064 from 1.1417 […]

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

previous

USD/JPY Daily Outlook

next

GBP/JPY Daily Outlook

Read More

16/04/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9247; (P) 0.9272; (R1) 0.9314; More…. Intraday bias in EUR/CHF remains neutral and more consolidations could be seen above 0.9218. But outlook will remain bearish as long as 0.9408 resistance holds. On the downside, firm break of 0.9204 low will confirm larger down trend resumption. In the bigger picture, rejection by long-term […]
08/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3050; (P) 1.3092; (R1) 1.3126; More… While GBP/USD’s corrective fall from 1.3433 might extend lower, strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) to contained downside. Above 1.3174 minor resistance will turn bias back to the upside for stronger rebound. However, decisive break […]
14/04/2025

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2987; (P) 1.3067; (R1) 1.3168; More… Intraday bias in GBP/USD remains on the upside for 1.3206 resistance. Firm break there will resume the rally from 1.2099 to retest 1.3433 high. On the downside, below 1.2981 minor support will turn intraday bias neutral again first. But overall near term outlook will stay bullish […]