ActionForex

USD/JPY Daily OutlookDaily Pivots: (S1) 112.23; (P) 112.55; (R1) 112.85; At this point, USD/JPY is holding above 112.23 support despite breaching it. Intraday bias stays neutral first. On the...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.2574; (P) 1.2611; (R1) 1.2650; GBP/USD is staying in consolidation from 1.2476 and intraday bias remains neutral at this point. Stronger rise cannot be ruled...

Dollar is mildly softer in Asian session as traders turn cautious ahead of FOMC rate decision. But it should be noted that, except versus less, and to a lesser extent Swiss Franc, Dollar isn’t...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3380; (P) 1.3401; (R1) 1.3430; USD/CAD recovers further today but it’s, after all, still bounded in range below 1.3444. Consolidation might extend and...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.2574; (P) 1.2611; (R1) 1.2650 No change in GBP/USD’s outlook. Consolidation from 1.2476 is extending and intraday bias remains neutral. Stronger...

USD/JPY Daily OutlookDaily Pivots: (S1) 112.50; (P) 113.01; (R1) 113.35; USD/JPY is still bounded in range of 112.23/113.70 despite this week’s sharp fall. Intraday bias stays neutral first. On...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8972; (P) 0.8991; (R1) 0.9014; No change in EUR/GBP’s outlook as it’s staying in range below 0.9086. Intraday bias remains neutral and as long as...

GBP/JPY Daily OutlookDaily Pivots: (S1) 141.91; (P) 142.58; (R1) 142.99; GBP/JPY is staying in consolidation from 141.17 and intraday bias remains neutral for now. Near term outlook remains bearish...

European majors are trading generally higher today, as led by Swiss Franc. Euro is also strong but to a lesser extend while Sterling just follows. On the other hand, Dollar is under some selling...

The financial markets are rather steady in Asia today. Nikkei and and Singapore Strait Times are having notably rebounds. But China and Hong Kong stock markets are mixed. In the currency markets, Yen...

EUR/JPY Daily OutlookDaily Pivots: (S1) 127.76; (P) 128.44; (R1) 128.91; Intraday bias in EUR/JPY remains neutral for the moment and near term outlook stays cautiously bearish. On the downside, break...

EUR/AUD Daily OutlookDaily Pivots: (S1) 0.8960; (P) 0.8983; (R1) 0.9006; Intraday bias in EUR/AUD remains neutral at this point and consolidation from 1.5887 might extend. Downside of retreat should...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1258; (P) 1.1316; (R1) 1.1362; EUR/USD recovered ahead of 1.1267 support and intraday bias stays neutral first. On the downside, break of 1.1267 will suggest...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9942; (P) 0.9967; (R1) 1.0005; Intraday bias remains mildly on the upside for 1.0008 resistance fist. Break there will confirm that corrective pull back fro...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7141; (P) 0.7185; (R1) 0.7220; Intraday bias in AUD?USD remains on the downside at this point. The corrective rebound from 0.7020 should have completed at...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.74; (P) 129.00; (R1) 129.30; Intraday bias in EUR/JPY remains neutral as it’s bounded in range of 127.49/129.29. On the downside, break of 127.49...