ActionForex

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5682; (P) 1.5755; (R1) 1.5813; A temporary top is formed again at 1.5823 and intraday bias is turned neutral. Another rise is expected as long as 1.5617...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7309; (P) 0.7358; (R1) 0.7390; AUD/USD dipped to 0.7322 but quickly drew support from 7328 cluster support (61.8% retracement of 0.6826 to 0.8135 at 0.7326)....

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1505; (P) 1.1590 (R1) 1.1638; Intraday bias in EUR/USD remains mildly on the downside for 1.1507 low. Break will resume whole fall from 1.2555 through 50%...

USD/JPY Daily OutlookDaily Pivots: (S1) 109.81; (P) 110.15; (R1) 110.61; Intraday bias in USD/JPY remains neutral for the moment. Despite the strong rebound from 109.36, it’s staying in range...

It was a roller coaster ride in US stocks overnight. The markets cheered Trump’s backing down on the hard-line position on curbing Chinese investments in US companies. But White House economic...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8798; (P) 0.8810; (R1) 0.8823; EUR/GBP is still bounded in sideway trading inside 0.8693/8844. Intraday bias remains neutral and more consolidations could be...

EUR/CHF Daily OutlookDaily Pivots: (S1) 1.1521; (P) 1.1543; (R1) 1.1561; Intraday bias in EUR/CHF remains neutral at this point. Another fall is mildly in favor with 1.1585 minor resistance intact....

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3176; (P) 1.3240; (R1) 1.3287; Intraday bias in GBP/USD remains neutral at this point. Correction from 1.3101 could extend with another rise. But we’d...

USD/JPY Daily OutlookDaily Pivots: (S1) 109.39; (P) 109.74; (R1) 110.11; Intraday bias in USD/JPY is turned neutral with the current recovery. On the downside, below 109.36 will resume the fall from...

GBP/JPY Daily OutlookDaily Pivots: (S1) 144.88; (P) 145.58; (R1) 146.46; Intraday bias in GBP/JPY remains neutral for the moment. On the downside, below 144.37 will target 143.18 first. Break will...

The forex markets are generally in range today except New Zealand Dollar, which tumbles broadly following business confidence data. The US continued to step up its verbal attack on trade partners, but...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3223; (P) 1.3279; (R1) 1.3337; No change in GBP/USD’s outlook as recovery from 1.3101 is in progress and could extend higher. But upside is expected to...

USD/JPY Daily OutlookDaily Pivots: (S1) 109.39; (P) 109.74; (R1) 110.11; USD/JPY’s decline from 110.89 is still in progress and intraday bias remains on the downside for 108.10 and possibly...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3220; (P) 1.3301; (R1) 1.3343; USD/CAD is staying in consolidation below 1.3381 and intraday bias remains neutral. Deeper pull back could be seen to 4 hour...

EUR/JPY Daily OutlookDaily Pivots: (S1) 127.56; (P) 128.18; (R1) 129.09; EUR/JPY’s recovery from 126.63 is still in progress but lacks firm upside momentum. Intraday bias remains neutral first....

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8783; (P) 0.8802; (R1) 0.8831; EUR/GBP is still bounded in sideway trading inside 0.8693/8844. Intraday bias remains neutral and more consolidations could be...