Logo-color Logo-white

Daily Pivots: (S1) 1.0823; (P) 1.0842; (R1) 1.0870; More… Intraday bias in EUR/USD remains neutral as range trading continues below 1.0887. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now at 1.0832) will affirm the case that fall from 1.1138 has completed. Stronger rally would then be seen back to […]

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

previous

GBP/JPY Daily Outlook

next

GBP/JPY Daily Outlook

Read More

21/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0920; (P) 1.0953; (R1) 1.0975; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.1008 is still extending. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. In the bigger picture, price actions […]
28/02/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 150.17; (P) 150.44; (R1) 150.81; More… No change in USD/JPY’s outlook as range trading is still continuing. Intraday bias stays neutral at this point. In case of deeper retreat, downside should be contained by 148.79 resistance turned support to bring rebound. On the upside, break of 150.87 will resume 140.25 to 151.89/93 […]
11/05/2024

EUR/GBP Weekly Outlook

EUR/GBP’s rebound from 0.8529 continued last week but lost momentum after hitting 0.8619. Initial bias is turned neutral this week first. On the downside, below 0.8585 minor support will argue that rebound from 0.8529 has completed, and larger fall might be ready to resume. Intraday bias will be back on the downside for 0.8529 support […]