ActionForex

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5506; (P) 1.5584; (R1) 1.5649; With 1.5693 minor resistance intact, further decline is expected in EUR/AUD. Current fall from 1.6357 should 1.5271/5313...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3137; (P) 1.3196; (R1) 1.3237; USD/CAD’s pull back from 1.3264 extends lower today. But it’s, after all, staying above 1.3056 support as well as...

USD/JPY Daily OutlookDaily Pivots: (S1) 113.24; (P) 113.48; (R1) 113.88; USD/JPY is staying in range of 112.94/114.20 and intraday bias is turned neutral first. As noted before due to loss of upside...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1280; (P) 1.1321; (R1) 1.1371; EUR/USD’s consolidation from 1.1215 is still in progress and intraday bias remains neutral. In case of stronger...

Sterling recovers mildly today but remains the weakest one on political turmoil in the UK. There is no clear sign of a come back in the Pound and it remains vulnerable for more selloff, even before...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.02; (P) 128.62; (R1) 129.12; Outlook in EUR/JPY remains unchanged for the moment. Another decline is expected to 126.63 support. Break there will resume...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3212; (P) 1.3238; (R1) 1.3268; A temporary top is in place at 1.3264 in USD/CAD and intraday bias is turned neutral first. Further rise is expected as long...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.2888; (P) 1.2980; (R1) 1.3081; Intraday bias in GBP/USD remains neutral at this point. Overall outlook is unchanged that price actions from 1.2661 are viewed...

USD/JPY Daily OutlookDaily Pivots: (S1) 113.28; (P) 113.64; (R1) 114.00; Intraday bias in USD/JPY is neutral for moment. Due to loss of upside momentum as seen in 4 hour MACD, in case of another rise,...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8660; (P) 0.8709; (R1) 0.8757; Intraday bias in EUR/GBP remains neutral for the moment. Further decline is expected as long as 0.8873 minor resistance holds....

EUR/JPY Daily OutlookDaily Pivots: (S1) 127.75; (P) 128.25; (R1) 129.00; At this point, further decline is still in favor in EUR/JPY 126.63 support. Break there will resume whole fall from 133.12 and...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5586; (P) 1.5627; (R1) 1.5681; EUR/AUD formed a temporary low at 1.5575 and recovered. Intraday bias is turned neutral first. Stronger recovery might be seen...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3211; (P) 1.3238; (R1) 1.3260; Intraday bias in USD/CAD remains on the upside for further rally. Sustained trading above 1.3225 will confirm completion of...

USD/JPY Daily OutlookDaily Pivots: (S1) 113.54; (P) 113.85; (R1) 114.11; Outlook in USD/JPY remains unchanged at this point. With 112.94 minor support intact, further rise is in favor for 114.54/73....

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1240; (P) 1.1268; (R1) 1.1318; EUR/USD recovers after hitting 1.1215 and breached 1.1313 minor resistance. A temporary low is in place and intraday bias is...

GBP/JPY Daily OutlookDaily Pivots: (S1) 145.68; (P) 146.66; (R1) 147.25; Despite breaching 146.28 briefly, GBP/JPY quickly recovered. Intraday bias stays neutral first. On the downside, sustained...