Logo-color Logo-white

Daily Pivots: (S1) 1.1513; (P) 1.1545; (R1) 1.1569; More… Intraday bias in EUR/USD remains on the downside at this point. Current fall from 1.1917 should target 1.1390 support. Break there will extend the decline to 38.2% retracement of 1.0176 to 1.1917 at 1.1252. On the upside, above 1.1576 minor resistance will turn bias neutral and […]

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

previous

EUR/GBP Daily Outlook

next

USD/JPY Daily Outlook

Read More

13/07/2024

EUR/AUD Weekly Outlook

EUR/AUD’s consolidation from 1.5996 continued last week and outlook is unchanged. Initial bias stays neutral this week first. While another recovery cannot be ruled out, further decline is expected as long as 1.6211 resistance holds. Break of 1.5996 will resume larger fall to 1.5846 support next. In the bigger picture, fall from 1.7062 medium term […]
09/12/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4057; (P) 1.4111; (R1) 1.4211; More… Focus stays on 1.4177 resistance in USD/CAD. Decisive break there will resume larger up trend. Next target is 1.4391 projection level. Rejection by 1.4177 will delay the bullish case and bring more consolidations. But outlook will continue to stay bullish as long as 1.3980 support holds. […]
17/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0872; (R1) 1.0891; More…. Intraday bias in EUR/USD stays on the downside as fall from 1.1213 is in progress. This decline is seen as the third leg of the corrective pattern from 1.1274. Deeper fall would be seen to 61.8% retracement of 1.0447 to 1.1213 at 1.0740 next. On the […]