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Daily Pivots: (S1) 0.8045; (P) 0.8076; (R1) 0.8092; More… Intraday bias in USD/CHF remains on neutral for the moment. On the upside, firm break of 0.8123 will extend the corrective rally from 0.7828 to 138.2% projection of 0.7828 to 0.8075 from 0.7872 at 0.8213. On the downside, sustained break of 55 D EMA (now at […]
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Daily Pivots: (S1) 1.3075; (P) 1.3109; (R1) 1.3171; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen above 1.3008. Further decline is expected with 1.3247 support turned resistance intact. Break of 1.3008 will resume the fall from 1.3787 and target 61.8% retracement of 1.2099 to 1.3787 at 1.2744. Sustained break there […]
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Daily Pivots: (S1) 1.3075; (P) 1.3109; (R1) 1.3171; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen above 1.3008. Further decline is expected with 1.3247 support turned resistance intact. Break of 1.3008 will resume the fall from 1.3787 and target 61.8% retracement of 1.2099 to 1.3787 at 1.2744. Sustained break there […]
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Daily Pivots: (S1) 1.1508; (P) 1.1530; (R1) 1.1569; More… EUR/USD’s recovery form 1.1467 extended higher today but stays well inside near term falling channel. Intraday bias remains neutral and further decline is expected. On the downside, below 1.1467 will resume the fall from 1.1917. However, firm break of the channel resistance (now at 1.1589) will […]
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Daily Pivots: (S1) 1.1508; (P) 1.1530; (R1) 1.1569; More… EUR/USD’s recovery form 1.1467 extended higher today but stays well inside near term falling channel. Intraday bias remains neutral and further decline is expected. On the downside, below 1.1467 will resume the fall from 1.1917. However, firm break of the channel resistance (now at 1.1589) will […]
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In the kickstart video for the NA session on November 7, Greg Michalowski take a look at the 3 major currencies – the EURUSD, USDJPY and GBPUSD. What is the bias for traders, the next targets and the risk?
This article was written by Adam Button at investinglive.com.
Daily Pivots: (S1) 1.4091; (P) 1.4116; (R1) 1.4141; More… USD/CAD dips notably in early US session but stays above 55 4H EMA (now at 1.4055) so far. Intraday bias remains neutral first. On the upside break of 1.4139 will resume larger rally from 1.3538 to 100% projection of 1.3725 to 1.4078 from 1.3886 at 1.4239. […]
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Daily Pivots: (S1) 1.4091; (P) 1.4116; (R1) 1.4141; More… USD/CAD dips notably in early US session but stays above 55 4H EMA (now at 1.4055) so far. Intraday bias remains neutral first. On the upside break of 1.4139 will resume larger rally from 1.3538 to 100% projection of 1.3725 to 1.4078 from 1.3886 at 1.4239. […]
The post USD/CAD Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 176.30; (P) 176.76; (R1) 177.24; More… Intraday bias in EUR/JPY remains neutral at this point. Risk will stay on the downside as long as 178.80 short term top holds. Below 175.67 will target 55 D EMA (now at 174.99). Sustained break there will should confirm that EUR/JPY is correcting whole rise from […]
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