ActionForex

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1580; (P) 1.1615; (R1) 1.1661; Intraday bias in EUR/USD remains neutral at this point. With 1.1525 minor support intact, rebound from 1.1300 could extend...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9683; (P) 0.9717; (R1) 0.9738; Intraday bias in USD/CHF remains neutral for the moment. With 0.9766 minor resistance intact, deeper decline could still be...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2959; (P) 1.3019; (R1) 1.3059; USD/CAD’s decline from 1.3225 is still in progress and deep fall might be seen. But we’d expect downside to be...

Risk appetite was given a strong boost overnight on news that US and China were going to re-start trade talks before now round of tariffs take effect. The news was further confirmed by White House...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.90; (P) 129.36; (R1) 129.96; Intraday bias in EUR/JPY remains neutral at this point. On the upside break of 129.97 minor resistance will affirm the case...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6266; (P) 1.6311; (R1) 1.6341; With 1.6223 minor support intact, intraday bias in EUR/AUD stays on the upside for further rally. Current rise should target...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3014; (P) 1.3094; (R1) 1.3147; USD/CAD’s pull back from 1.3325 extended lower but over outlook is unchanged. Downside should be contained well above...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1566; (P) 1.1605; (R1) 1.1644; Intraday bias in EUR/USD remains neutral at this point and outlook is unchanged. Rebound from 1.1300 could extend with another...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9709; (P) 0.9734; (R1) 0.9750; Intraday bias in USD/CHF remains neutral for the moment with focus on 0.9766 resistance. Decisive break there will argue that...

The forex markets are relatively quiet in range today as multiple factors are having conflicting impacts. Asian equities continue to diverge from the US stocks, as weighed down by trade worries. While...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6243; (P) 1.6283; (R1) 1.6340; EUR/AUD’s rally is still in progress and intraday bias stays on the upside. Next target is 161.8% projection of 1.5271...

Yen and Dollar are trading as the weakest ones in Asian session as risk aversion receded. In particular, Nikkei rebounds over 1% as concerns eased about last week’s typhoon and earthquake....

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3143; (P) 1.3170; (R1) 1.3190; Intraday bias in USD/CAD remains neutral as consolidation from 1.3225 temporary top is extending. Deeper retreat could be seen...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1542; (P) 1.1579; (R1) 1.1632; Intraday bias in EUR/USD remains neutral at this point. Rebound from 1.1300 could extend with another rise. But upside should...

USD/JPY Daily OutlookDaily Pivots: (S1) 110.90; (P) 111.07; (R1) 111.30; Intraday bias in USD/JPY remains neutral as it’s still bounded in range of 110.37/111.82. On the upside, break of 111.73...

EUR/JPY Daily OutlookDaily Pivots: (S1) 127.88; (P) 128.49; (R1) 128.96; Intraday bias in EUR/JPY remains on the downside for 61.8% retracement of 124.89 to 130.86 at 127.17. The rebound from 124.89...