ActionForex

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1328; (P) 1.1361; (R1) 1.1391; Intraday bias in EUR/USD remains neutral and outlook stays bearish with 1.1472 resistance intact. On the downside, break of...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9915; (P) 0.9935; (R1) 0.9958; Intraday bias in USD/CHF remains neutral at this point. On the upside, break of 1.0008 resistance will indicate that pull back...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3335; (P) 1.3359; (R1) 1.3381; USD/CAD is staying in consolidation below 1.3444 and intraday bias remains neutral first. Near term outlook remains bullish...

Asian stocks are under pressure today as weaker than expected data from China prompted growth worries. New Zealand and Australian Dollar are trading as the weakest ones for today. Sterling follows as...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.42; (P) 128.64; (R1) 129.01; EUR/JPY continues to recovery today but it’s staying in range of 127.49/129.29. Intraday bias remains neutral first. On...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5692; (P) 1.5728; (R1) 1.5783; EUR/AUD’s consolidation from 1.5887 is still in progress and intraday bias remains neutral. Downside of retreat should...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.2512; (P) 1.2592; (R1) 1.2708; Intraday bias in GBP/USD remains neutral for consolidation above 1.2476. Upside should be limited by 1.2811 resistance to...

USD/JPY Daily OutlookDaily Pivots: (S1) 113.10; (P) 113.31; (R1) 113.48; Further rise is still expected in USD/JPY with 113.00 minor support intact. Break of 113.04 resistance will resume rebound from...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3316; (P) 1.3358; (R1) 1.3393; Intraday bias in USD/CAD remains neutral at this point. Consolidation from 1.3444 is still in progress and could extend...

Risk sentiments are rather firm in Asian markets as major indices opened up and are extending gains. UK Prime Minister Theresa May’s survival of the leadership challenge is a positive factor....

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.01; (P) 128.50; (R1) 128.83; EUR/JPY is staying in range of 127.49/129.29 and intraday bias remains neutral for the moment. On the downside, break of...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5667; (P) 1.5745; (R1) 1.5790; Intraday bias in EUR/AUD remains neutral as pull back from 1.5887 is in progress. Deeper decline cannot be ruled out. But...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3371; (P) 1.3397; (R1) 1.3417; Intraday bias in USD/CAD remains neutral as consolidation from 1.3444 might extends. As long as 1.3160 minor support holds,...

USD/JPY Daily OutlookDaily Pivots: (S1) 113.08; (P) 113.28; (R1) 113.58; Intraday bias in USD/JPY is mildly on the upside for 114.03 resistance. Break there should resume the rebound from 111.37 and...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1282; (P) 1.1342; (R1) 1.1377; Intraday bias in EUR/USD remains neutral as it’s bounded in range of 1.1267/1472. On the downside, break of 1.1267 will...

New Zealand and Australian Dollar are trading as the strongest ones today so far, following rebound in Asian stocks. Nevertheless, both currencies are generally limited below last week’s highs,...