ActionForex

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.48; (P) 129.78; (R1) 130.30; EUR/JPY’s strong rebound from1 29.10 and break of 130.25 minor resistance suggests that pull back from 131.97 is...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5752; (P) 1.5787; (R1) 1.5834; EUR/AUD is still bounded in the sideway consolidation pattern from 1.5886 and intraday bias stays neutral. With 1.5651 minor...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2993; (P) 1.3037; (R1) 1.3079; USD/CAD recovered after hitting 1.2993 and breached 1.3092 minor resistance. But there is no follow through buying so far....

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1631; (P) 1.1648 (R1) 1.1675; EUR/USD is still bounded in consolidation from 1.1509 and intraday bias stays neutral. In case of stronger recovery, upside...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9854; (P) 0.9906; (R1) 0.9934; The break of 0.9900 support indicates resumption of fall from 1.0067. Intraday bias is turned to the downside for 0.9856...

Yen spikes lower broadly after BoJ announced to strengthen the framework for continuous powerful easing. But at this point, there is no follow through selling seen yet. Instead, of raising the target...

Dollar opens the week broadly firmly, followed by Sterling as the second strongest. On the other hand, Australian Dollar is trading with and broad-based soft tone, followed by Canadian Dollar....

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.17; (P) 129.37; (R1) 129.62; No change in EUR/JPY’s outlook. With 130.25 minor resistance intact, deeper decline is expected to 127.13 support. The...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5716; (P) 1.5753; (R1) 1.5785; Intraday bias in EUR/AUD remains neutral as consolidation from 1.5886 is still in progress. With 1.5651 minor support intact,...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7376; (P) 0.7396; (R1) 0.7422; Intraday bias in AUD/USD remains neutral as consolidation from 0.7309 is extending. On the upside, above 0.7483 resistance will...

USD/JPY Daily OutlookDaily Pivots: (S1) 110.79; (P) 111.02; (R1) 111.26; Intraday bias in USD/JPY remains neutral for consolidation above 110.58 temporary low. As long as 111.53 minor resistance...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1631; (P) 1.1648 (R1) 1.1675; Intraday bias in EUR/USD remains neutral as sideway consolidation from 1.1509 is still in progress. In case of another recovery,...

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.18; (P) 129.76; (R1) 130.09; EUR/JPY’s decline from 131.97 is in progress and intraday bias stays on the downside. As noted before, the rebound from...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5739; (P) 1.5774; (R1) 1.5817; EUR/AUD is staying in consolidation from 1.5886 and intraday bias remains neutral first. With 1.5651 minor support intact,...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3037; (P) 1.3066; (R1) 1.3106; With 1.3114 minor resistance intact, deeper fall is still expected. Corrective decline from 1.3385 would extend to 100%...

USD/JPY Daily OutlookDaily Pivots: (S1) 110.80; (P) 111.02; (R1) 111.46; Intraday bias in USD/JPY remains neutral first. With 111.53 minor resistance intact, the corrective fall from 113.17 could...