ActionForex

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9996; (P) 1.0033; (R1) 1.0053; Intraday bias in USD/CHF remains neutral as consolidation from 1.0067 temporary top is still in progress. Deeper retreat could...

GBP/JPY Daily OutlookDaily Pivots: (S1) 147.97; (P) 148.36; (R1) 149.08; GBP/JPY’s rebound resumed after brief retreat and intraday bias is back on the upside Current rise should target 149.99...

Asian markets are weighed down slightly by a batch of soft economic data from China, but loss is limited so far. At the time of writing, China Shanghai SSE (LON:SSE) is down -0.47% and stays above...

EUR/JPY Daily OutlookDaily Pivots: (S1) 130.83; (P) 131.15; (R1) 131.66; As long as 129.90 minor support holds, further rally is expected in EUR/JPY. Current rise from 124.61 should target 100%...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5713; (P) 1.5793; (R1) 1.5834; Intraday bias in EUR/AUD stays neutral as it’s bounded in range of 1.5969/5886. Another rise is expected with 1.5696...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3131; (P) 1.3175; (R1) 1.3200; USD/CAD retreated after hitting 1.3216 and intraday bias is turned neutral again. We’re holding on to the view that...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1648; (P) 1.1672 (R1) 1.1696; Intraday bias in EUR/USD remains on the downside for retesting 1.1507 low. Decisive break there will resume larger fall from...

USD/JPY Daily OutlookDaily Pivots: (S1) 112.09; (P) 112.36; (R1) 112.80; Intraday bias in USD/JPY remains on the upside for the moment. Current rally from 104.62 should target 61.8% projection of...

The markets are rather calm today as supported by relatively positive investor sentiments. NASDAQ surged to new record high at 7825.67 before having a strong close at 7823.92, up 1.39%. DOW ended up...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5762; (P) 1.5823; (R1) 1.5908; EUR/AUD rebounds ahead of 1.5969 support but it’s staying below 1.5886 resistance. Intraday bias remains neutral for the...

GBP/JPY Daily OutlookDaily Pivots: (S1) 147.06; (P) 147.60; (R1) 148.40; GBP/JPY’s break of 148.10 resistance indicates resumption of rebound from 143.18. Intraday bias is back on the upside for...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7333; (P) 0.7397; (R1) 0.7432; Intraday bias in AUD/USD remains on the downside for retesting 0.7309. As noted before, corrective recovery from there has...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1641; (P) 1.1699 (R1) 1.1734; EUR/USD’s break of 1.1679 minor support suggests that corrective rise from 1.1507 has completed at 1.1790 already....

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9921; (P) 0.9943; (R1) 0.9982; Intraday bias in USD/CHF remains neutral as sideway trading continues inside range of 0.9855/9991. On the upside, break of...

Yen was sold off sharply overnight after stronger than expected US producer price inflation data. Selling continues in Asian session as risk aversion receded. The impact of US-China trade war...

EUR/JPY Daily OutlookDaily Pivots: (S1) 130.09; (P) 130.42; (R1) 130.75; EUR/JPY lose upside momentum after hitting 130.73, as seen in 4 hour MACD. Intraday bias is turned neutral for the moment....