ActionForex

EUR/JPY Daily OutlookDaily Pivots: (S1) 127.41; (P) 127.93; (R1) 128.35; EUR/JPY’s fall from 133.12 is still in progress. Intraday bias remains on the downside for 124.89 support next. On the...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6007; (P) 1.6094; (R1) 1.6154; EUR/AUD rebounds strongly after hitting 1.6033 but it’s staying in range below 1.6357. Intraday bias remains neutral...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1343; (P) 1.1388; (R1) 1.1420; Intraday bias in EUR/USD remains on the downside with 1.1432 minor resistance intact. Current fall from 1.1814 should extend...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9963; (P) 0.9990; (R1) 1.0026; Intraday bias in USD/CHF remains on the upside with 0.9955 minor support intact. Current rise should target 1.0067 resistance...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3023; (P) 1.3061; (R1) 1.3106; USD/CAD surges to as high as 1.3141 so far today. The break of 1.3132 resistance indicates resumption of rise from 1.2781. More...

US equities staged a strong rebound overnight with DOW ended up more than 400 pts. But positive sentiment didn’t carry on in Asia as major indices are all in red. Intensification in selloff in...

Risk aversion is back as the main theme in the global financial markets. The crash in the US overnight has spreaded to Asia. At the time of writing, Japanese Nikkei is down -756 pts or -3.42%, being...

EUR/JPY Daily OutlookDaily Pivots: (S1) 127.37; (P) 128.29; (R1) 128.81; Intraday bias in EUR/JPY’s fall from 133.12 extends. The break of 127.85 support confirms completion of whole rebound...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6056; (P) 1.6131; (R1) 1.6207; Intraday bias in EUR/AUD remains neutral for the moment. Recent sideway trading might extend further. But after all, as long as...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2983; (P) 1.3041; (R1) 1.3113; Intraday bias in USD/CAD remains on the downside for 1.2916 support. Current development suggests rejection by near term...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1356; (P) 1.1416; (R1) 1.1454; Intraday bias in EUR/USD remains on the downside at the moment. Fall from 1.1814 has just resumed and should target 1.1300...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9949; (P) 0.9970; (R1) 0.9998; USD/CHF’s rally resumed by taking out 0.9980. While upside momentum remains unconvincing as seen in 4 hour MACD,...

Despite initial steep selloff, US equities staged a strong rebound before close and closed just slightly lower. The turnaround in sentiments carried on in Asian session with major indices all trading...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.32; (P) 128.88; (R1) 129.54; Prior break of 128.32 suggests that decline from 133.12 is resuming. Further fall is expected as long as 130.20 resistance...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6160; (P) 1.6207; (R1) 1.6236; EUR/AUD retreats again after hitting 1.6250. With 4 hour MACD crossed below signal line, intraday bias is turned neutral...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7063; (P) 0.7077; (R1) 0.7099; AUD/USD recovered ahead of 0.7040 low and intraday bias is turned neutral again. Consolidation from 0.7040 might extends with...