Daily Pivots: (S1) 0.8717; (P) 0.8760; (R1) 0.8784; More… EUR/GBP’s fall from 0.8863 resumed by breaking through 0.8745 and intraday bias is back on the downside. Considering bearish divergence condition in D MACD, sustained trading below 55 D EMA (now at 0.745) will solidify the case of bearish reversal. Deeper fall should then be seen […]
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Daily Pivots: (S1) 0.8717; (P) 0.8760; (R1) 0.8784; More… EUR/GBP’s fall from 0.8863 resumed by breaking through 0.8745 and intraday bias is back on the downside. Considering bearish divergence condition in D MACD, sustained trading below 55 D EMA (now at 0.745) will solidify the case of bearish reversal. Deeper fall should then be seen […]
The post EUR/GBP Daily Outlook appeared first on ActionForex.
Daily Pivots: (S1) 0.8717; (P) 0.8760; (R1) 0.8784; More… EUR/GBP’s fall from 0.8863 resumed by breaking through 0.8745 and intraday bias is back on the downside. Considering bearish divergence condition in D MACD, sustained trading below 55 D EMA (now at 0.745) will solidify the case of bearish reversal. Deeper fall should then be seen […]
The post EUR/GBP Daily Outlook appeared first on ActionForex.
Daily Pivots: (S1) 1.7647; (P) 1.7699; (R1) 1.7731; More… EUR/AUD’s fall from 1.7976 is in progress today and intraday bias stays on the downside for 1.7561 support. Firm break there should confirm that larger corrective pattern from 1.8554 is already in the third leg. Deeper decline should then be seen to 1.7245 support next. For […]
The post EUR/AUD Daily Outlook appeared first on ActionForex.
Daily Pivots: (S1) 1.7647; (P) 1.7699; (R1) 1.7731; More… EUR/AUD’s fall from 1.7976 is in progress today and intraday bias stays on the downside for 1.7561 support. Firm break there should confirm that larger corrective pattern from 1.8554 is already in the third leg. Deeper decline should then be seen to 1.7245 support next. For […]
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Daily Pivots: (S1) 0.9325; (P) 0.9335; (R1) 0.9341; More…. EUR/CHF is still bounded in consolidations below 0.9349 and intraday bias stays neutral. As noted before, fall from 0.9660 could have completed at 0.9178, on bullish convergence condition in D MACD. Above 0.9349 will resume the rise from 0.9178, and target 0.9452 resistance next. However, break […]
The post EUR/CHF Daily Outlook appeared first on ActionForex.
Daily Pivots: (S1) 0.9325; (P) 0.9335; (R1) 0.9341; More…. EUR/CHF is still bounded in consolidations below 0.9349 and intraday bias stays neutral. As noted before, fall from 0.9660 could have completed at 0.9178, on bullish convergence condition in D MACD. Above 0.9349 will resume the rise from 0.9178, and target 0.9452 resistance next. However, break […]
The post EUR/CHF Daily Outlook appeared first on ActionForex.
Markets US economic data yesterday all but cemented next week’s Fed rate cut expectations. The ADP job report unexpectedly showed a 32k job loss – the second worst reading since June 2020 – and wage growth cooling. But while a further rate reduction to 3.5-3.75% may be a done deal, the bigger question remains what […]
The post Japan’s 30-Year Bond Auction Drew Strongest Demand Since 2019 appeared first on ActionForex.
Daily Pivots: (S1) 1.1635; (P) 1.1657; (R1) 1.1692; More…. Intraday bias in EUR/USD remains on the upside for the moment. Fall from 1.1917 should have completed at 1.1467. Further rise should be seen to 1.1727 resistance first. Firm break there will bring retest of 1.1917 high. Nevertheless, below 1.1590 minor support will mix up the […]
The post EUR/USD Daily Outlook appeared first on ActionForex.
Daily Pivots: (S1) 1.1635; (P) 1.1657; (R1) 1.1692; More…. Intraday bias in EUR/USD remains on the upside for the moment. Fall from 1.1917 should have completed at 1.1467. Further rise should be seen to 1.1727 resistance first. Firm break there will bring retest of 1.1917 high. Nevertheless, below 1.1590 minor support will mix up the […]
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