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Daily Pivots: (S1) 0.8676; (P) 0.8686; (R1) 0.8695; More… Intraday bias in EUR/GBP remains neutral as sideway trading continues. On the downside, break of 0.8654 will resume the fall from 0.8750. Decisive break there will indicate bearish reversal and target 38.2% retracement of 0.8221 to 0.8750 at 0.8548. Nevertheless, on the upside, break of 0.8750/2 […]

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Daily Pivots: (S1) 1.7838; (P) 1.7907; (R1) 1.7945; More… Intraday bias in EUR/AUD stays neutral at this point, and further rally is in favor as long as 1.7818 support holds. On the upside, above 1.7965 minor resistance will bring retest of 1.8160 first. Sustained break of 0.8155 resistance will affirm the case that larger up […]

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

Daily Pivots: (S1) 1.7838; (P) 1.7907; (R1) 1.7945; More… Intraday bias in EUR/AUD stays neutral at this point, and further rally is in favor as long as 1.7818 support holds. On the upside, above 1.7965 minor resistance will bring retest of 1.8160 first. Sustained break of 0.8155 resistance will affirm the case that larger up […]

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

Daily Pivots: (S1) 1.7838; (P) 1.7907; (R1) 1.7945; More… Intraday bias in EUR/AUD stays neutral at this point, and further rally is in favor as long as 1.7818 support holds. On the upside, above 1.7965 minor resistance will bring retest of 1.8160 first. Sustained break of 0.8155 resistance will affirm the case that larger up […]

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

Key Highlights GBP/USD started a recovery wave above the 1.3350 resistance. It cleared a key bearish trend line with resistance at 1.3400 on the 4-hour chart. EUR/USD recovered above 1.1650 but failed to clear 1.1730. Gold is now consolidating gains near the all-time high at $4,350. GBP/USD Technical Analysis The British started a recovery wave […]

The post GBP/USD Recovery Stalls — Risk Of Renewed Decline Grows appeared first on Action Forex.

Key Highlights GBP/USD started a recovery wave above the 1.3350 resistance. It cleared a key bearish trend line with resistance at 1.3400 on the 4-hour chart. EUR/USD recovered above 1.1650 but failed to clear 1.1730. Gold is now consolidating gains near the all-time high at $4,350. GBP/USD Technical Analysis The British started a recovery wave […]

The post GBP/USD Recovery Stalls — Risk Of Renewed Decline Grows appeared first on Action Forex.

Daily Pivots: (S1) 0.9208; (P) 0.9234; (R1) 0.9252; More… EUR/CHF’s decline is in progress and intraday bias stays on the downside for 61.8% projection of 0.9660 to 0.9218 from 0.9452 at 0.9179. Firm break there will target 100% projection at 0.9010. On the upside, above 0.9257 minor resistance will turn intraday bias neutral and bring […]

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

Daily Pivots: (S1) 0.9208; (P) 0.9234; (R1) 0.9252; More… EUR/CHF’s decline is in progress and intraday bias stays on the downside for 61.8% projection of 0.9660 to 0.9218 from 0.9452 at 0.9179. Firm break there will target 100% projection at 0.9010. On the upside, above 0.9257 minor resistance will turn intraday bias neutral and bring […]

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

Daily Pivots: (S1) 0.9208; (P) 0.9234; (R1) 0.9252; More… EUR/CHF’s decline is in progress and intraday bias stays on the downside for 61.8% projection of 0.9660 to 0.9218 from 0.9452 at 0.9179. Firm break there will target 100% projection at 0.9010. On the upside, above 0.9257 minor resistance will turn intraday bias neutral and bring […]

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