Daily Pivots: (S1) 1.7764; (P) 1.7856; (R1) 1.7987; More… Intraday bias in EUR/AUD is turned neutral as rebound from 1.7569 lost momentum. Outlook is unchanged that fall from 1.8155 could have completed at 1.7569 already. Above 1.7943 will target 1.8155 resistance. Firm break there will argue that whole corrective pattern from 1.8554 has also completed […]
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Daily Pivots: (S1) 0.9284; (P) 0.9296; (R1) 0.9311; More… No change in EUR/CHF’s outlook and intraday bias remains on the downside. Fall from 0.9452 is in progress for 0.9265 support. Firm break there should confirm that whole corrective rebound from 0.9218 has completed at 0.9452, and deeper fall should be seen to 0.9204/18 support zone. […]
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Daily Pivots: (S1) 0.6443; (P) 0.6483; (R1) 0.6525; More… Intraday bias in AUD/USD is turned neutral first with current recovery. Below 0.6439 will target 0.6413 cluster support (38.2% retracement of 0.5913 to 0.6706 at 0.6403). Sustained break there will pave the way to 61.8% retracement at 0.6216. Nevertheless, break of 0.6628 resistance will retain near […]
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Daily Pivots: (S1) 1.4020; (P) 1.4050; (R1) 1.4075; More… Intraday bias in USD/CAD remains mildly on the upside for the moment. Sustained trading above 1.4014/7 will suggest that USD/CAD is already reversing the whole fall from 1.4719, and target 61.8% retracement at 1.4312. On the downside, below 1.3975 minor support will turn intraday bias neutral […]
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Daily Pivots: (S1) 1.1562; (P) 1.1588; (R1) 1.1634; More… Intraday bias in EUR/USD remains neutral as consolidations continue above 1.1540. Deeper decline is expected as long as 1.1778 resistance holds. On the downside, break of 1.1540 will resume the fall from 1.1917 to 1.1390 , or further to 38.2% retracement of 1.0176 to 1.1917 at […]
The post EUR/USD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.1562; (P) 1.1588; (R1) 1.1634; More… Intraday bias in EUR/USD remains neutral as consolidations continue above 1.1540. Deeper decline is expected as long as 1.1778 resistance holds. On the downside, break of 1.1540 will resume the fall from 1.1917 to 1.1390 , or further to 38.2% retracement of 1.0176 to 1.1917 at […]
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Daily Pivots: (S1) 1.3262; (P) 1.3307; (R1) 1.3366; More… Intraday bias in GBP/USD is turned neutral with current recovery. On the downside, below 1.3247 will resume the fall from 1.3725 to 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142). Strong support is expected from there to complete the corrective pattern from 1.3787. On […]
The post GBP/USD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3262; (P) 1.3307; (R1) 1.3366; More… Intraday bias in GBP/USD is turned neutral with current recovery. On the downside, below 1.3247 will resume the fall from 1.3725 to 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142). Strong support is expected from there to complete the corrective pattern from 1.3787. On […]
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