ActionForex

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6004; (P) 1.6044; (R1) 1.6103; EUR/AUD surges to as high as 1.6123 so far and intraday bias remains on the upside. Current rally should target 100%...

USD/JPY Daily OutlookDaily Pivots: (S1) 111.23; (P) 111.53; (R1) 111.98; USD/JPY’s breach of 110.93 minor support argues that the rebound from 109.76 might be finished. It also dampened out...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.2984; (P) 1.3013; (R1) 1.3042; At this point, intraday bias in GBP/USD remains on the upside. Rise from 1.2261 is still in progress. Sustained break of 55...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7237; (P) 0.7276; (R1) 0.7303; AUD/USD is still bounded in range of 0.7237/7381 and intraday bias remains neutral first. Consolidation could extend but in...

Yen regains some ground today as global markets, except US, are back in risk averse mode. Another day of selloff in the Turkish Lira is a reason for the selloff in European stocks. USD/TRY hits as...

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.94; (P) 130.40; (R1) 131.20; EUR/JPY’s rally from 124.89 is still in progress and reaches as high as 130.86 so far. Intraday bias stays on the upside...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5932; (P) 1.5995; (R1) 1.6077; EUR/AUD’s rally is in progress and reaches s high as 1.6081 so far. Intraday bias remains on the upside for target 100%...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2887; (P) 1.2924; (R1) 1.2947; USD/CAD loses some downside momentum ahead of 1.2879 fibonacci level. But with 1.2981 minor resistance intact, intraday bias...

USD/CHF Daily OutlookUSD/CHF drops to as low as 0.9700 so far and there is no sign of bottoming yet. The decline came deeper than we expected. Intraday bias is staying on the downside for 161.8%...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1668; (P) 1.1690; (R1) 1.1728; Intraday bias in EUR/USD remains neutral at this point as consolidation continues below 1.1733 temporary top. At this point,...

Sterling surged overnight as boosted by comments from EU indicating that they’re committed to a deal Brexit deal with the UK. The Pound remains firm in Asian session and is now the strongest one...

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.66; (P) 129.97; (R1) 130.35; Intraday bias in EUR/JPY remains on the upside despite mild loss in upside momentum. Current rally from 124.89 should target...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5894; (P) 1.5926; (R1) 1.5969; The breach of 1.5945 suggests that rise from 1.5601 is resuming. Intraday bias is turned back to the upside for 61.8%...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1661; (P) 1.1698; (R1) 1.1732; At this point, the rebound from 1.1300 is still in progress and further rise would be seen. But we’d expect strong...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9736; (P) 0.9773; (R1) 0.9801; Intraday bias in USD/CHF remains on the downside and current decline should target 38.2% retracement of 0.9186 to 1.0056 at...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7318; (P) 0.7340; (R1) 0.7360; Intraday bias in AUD/USD remains neutral as it’s staying in range of 0.7237/7381. More consolidation is likely in near...