ActionForex

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8811; (P) 0.8835; (R1) 0.8869; Intraday bias in EUR/GBP remains neutral at this point. With 0.8796 minor support intact, further rise is expected in the...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1654; (P) 1.1687 (R1) 1.1726; No change in EUR/USD’s outlook as consolidation from 1.1507 is in progress. Stronger recovery could be seen. But upside...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9913; (P) 0.9929; (R1) 0.9951; Intraday bias in USD/CHF remains neutral at this point. On the downside, break of 0.9855 will extend the corrective pattern...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7362; (P) 0.7385; (R1) 0.7410; Outlook in AUD/USD remains unchanged. The corrective rise from 0.7309 is still in progress and could extend to 55 day EMA (now...

Asian markets are trading broadly lower today as the US is set to start the Section 301 tariffs on Chinese imports, and the latter’s retaliation is also ready. This would mark an important...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.52; (P) 128.78; (R1) 129.07; EUR/JPY drew support from 4 hour 55 EMA and recovers today. But it’s staying below 130.33 resistance. Intraday bias...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5725; (P) 1.5808; (R1) 1.5868; EUR/AUD recovers strongly today but stays below 1.5886 resistance. Intraday bias remains neutral for the moment. Outlook is...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7362; (P) 0.7393; (R1) 0.7413; AUD/USD’s corrective rise from 0.7309 is in progress. Intraday bias is mildly on the upside for 55 day EMA (now at...

USD/JPY Daily OutlookDaily Pivots: (S1) 110.32; (P) 110.47; (R1) 110.66; Intraday bias in USD/JPY remains mildly on the downside for the moment as rebound from 108.10 could have completed at 111.13...

Yen is trading slightly higher in Asian session today as the markets are quietly soft. Australian Dollar and Canadian Dollar are the weakest ones. At the time of writing, Nikkei is down -1.0%, HK...

Investor sentiments remain generally pessimistic. US stocks attempted for rebound in shortened session overnight but failed. DOW ended losing -132.36 pts or -0.54%. S&P 500 dropped -0.49% while...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5725; (P) 1.5808; (R1) 1.5868; Intraday bias in EUR/AUD remains neutral for the moment. Another rise is in favor with 1.5696 minor support holds. Above 1.5886...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1629; (P) 1.1651 (R1) 1.1682; No change in EUR/USD’s outlook as consolidation from 1.1507 continues. In case of stronger recovery, upside should be...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9907; (P) 0.9930; (R1) 0.9946; USD/CHF is still bounded in range of 0.9855.9991 and intraday bias remains neutral. On the downside, break of 0.9855 will...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3107; (P) 1.3158; (R1) 1.3192; USD/CAD’s fall from 1.3385 resumed after brief recovery and breaks 1.3128. Intraday bias is back mildly on the downside....

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9901; (P) 0.9933; (R1) 0.9969; USD/CHF is staying in consolidation in range 0.9855/9991. Intraday bias remains neutral for the moment. On the downside, below...