ActionForex

USD/CHF Daily OutlookDaily Pivots: (S1) 1.0071; (P) 1.0091; (R1) 1.0130; Intraday bias in USD/CHF remains on the upside at this point. Rise from 0.9541 is resuming whole rally from 0.9861. Next...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1177; (P) 1.1256; (R1) 1.1297; Intraday bias in EUR/USD remains on the downside at this point. Down trend from 1.2555 is in progress. Next target is 1.1186...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8701; (P) 0.8738; (R1) 0.8766; EUR/GBP is staying in consolidation above 0.8690 and intraday bias remains neutral. Outlook remains unchanged too. As long as...

Asian stocks gapped sharply lower follow steep fall in US equities overnight. But sentiments were then lifted by optimism over US-China trade negotiations. Australian and New Zealand Dollar benefited...

Sterling opens the week sharply and broadly lower as it’s getting less and less likely to complete a Brexit deal within November. Yen is the second weakest as Asian stocks recover mildly after...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.61; (P) 129.13; (R1) 129.53; EUR/JPY’s fall accelerates to as low as 128.37 so far today. Break of 128.60 minor support suggests that rebound from...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5646; (P) 1.5673; (R1) 1.5711; Outlook in EUR/AUD remains unchanged. Further decline is expected with 1.5853 resistance intact, for 1.5601 support next....

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3155; (P) 1.3194; (R1) 1.3248; Intraday bias in USD/CAD remains on the upside as rise from 1.2781 is in progress. Sustained trading above 1.3225 will confirm...

USD/JPY Daily OutlookDaily Pivots: (S1) 113.60; (P) 113.85; (R1) 114.05; Further rise is expected in USD/JPY as long as 112.94 support holds, towards 114.54/73 resistance zone. As upside momentum...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1311; (P) 1.1340; (R1) 1.1365; Intraday bias in EUR/USD remains on the downside for 1.1300 key support. Decisive break there will resume the whole down trend...

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.28; (P) 129.71; (R1) 130.02; Intraday bias in EUR/JPY stays neutral for the moment and outlook is unchanged. We’d continue to expect strong...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5610; (P) 1.5676; (R1) 1.5723; Intraday bias in EUR/AUD remains on the downside as fall from 1.6357 is in progress for .5601 key support. Decisive break...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1329; (P) 1.1388; (R1) 1.1423; EUR/USD’s break of 1.1353 minor support argues that corrective rebound from 1.1302 has completed at 1.1499 already....

USD/CHF Daily OutlookDaily Pivots: (S1) 1.0022; (P) 1.0047; (R1) 1.0086; USD/CHF’s rebound from 0.9952 extends higher today but it’s limited below 1.0094 so far. Intraday bias remains...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7235; (P) 0.7269; (R1) 0.7290; A temporary top is in place at 0.7302, ahead of 0.7314 key resistance. Intraday bias in AUD/USD is turned neutral first....

Dollar is making a come back as US treasury yield surged after FOMC rate decision and statement. The decision to stand pat was widely expected. One surprise was probably the lack of reference to the...