ActionForex

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.83; (P) 129.63; (R1) 130.02; Intraday bias in EUR/JPY remain neutral at hit point. On the downside, below 129.10 will resume the decline from 131.97 and...

EUR/CHF Daily OutlookDaily Pivots: (S1) 1.1517; (P) 1.1546; (R1) 1.1561; No change in EUR/CHF’s outlook. Fall from 1.1713 is in progress for 1.1478 support first. Break there will confirm...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2999; (P) 1.3020; (R1) 1.3045; No change in USD/CAD’s outlook. Corrective fall from 1.3385 could still extend through 100% projection of 1.3385 to...

USD/JPY Daily OutlookDaily Pivots: (S1) 111.40; (P) 111.57; (R1) 111.83; USD/JPY is staying in tight range between 111.24 and 112.14. Intraday bias stays neutral first. With 111.24 minor support...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.2976; (P) 1.3054; (R1) 1.3093; Intraday bias in GBP/USD remains on the downside for 1.2956 low. Decisive break there will resume larger decline from 1.4376...

Sterling stabilizes after yesterday’s post BoE selloff. It’s trying for a recovery in Asian session today but lacks committed buying so far. Nonetheless, renewed selloff in New Zealand...

The FOMC rate decision overnight was largely ignored by the markets. Instead, Asian equities plunged sharply today as US formally announced to raise the tariffs on USD 200B of Chinese imports from 10%...

GBP/JPY Daily OutlookDaily Pivots: (S1) 146.25; (P) 146.70; (R1) 147.09; GBP/JPY retreated notably after hitting 147.13 and intraday bias is turned neutral again. On the upside, above 147.13 will...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5725; (P) 1.5758; (R1) 1.5783; EUR/AUD is staying in consolidation from 1.5886 and intraday bias remains neutral at this point. With 1.5651 minor support...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1646; (P) 1.1673 (R1) 1.1691; Intraday bias in EUR/USD remains neutral as it’s staying in familiar range. The consolidation from 1.1509 could still...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9901; (P) 0.9918; (R1) 0.9937; Intraday bias in USD/CHF remains neutral at this point. On the upside, above 0.9977 will bring retest of 1.0067 first. Decisive...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2970; (P) 1.3003; (R1) 1.3030; USD/CAD continues to lose downside momentum as seen in 4 hour MACD. Further fall could still be seen to 100% projection of...

Dollar trades broadly higher today as talks of trade war heat up again. It’s reported that Trump is considering to impose 25% tariffs on USD 200B in Chinese goods, instead of 10%. The greenback...

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.93; (P) 130.54; (R1) 131.40; Intraday bias in EUR/JPY remains mildly on the upside for 131.97 resistance. Break there will resume whole rebound from 124.61...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5701; (P) 1.5761; (R1) 1.5800; No change in EUR/AUD’s outlook as consolidation from 1.5886 is extending. Intraday bias stays neutral for the moment....

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2993; (P) 1.3037; (R1) 1.3079; Intraday bias in USD/CAD is back on the downside as the correction from 1.3385 extends. Deeper fall could be seen to 1.3385 to...