ActionForex

EUR/JPY Daily OutlookDaily Pivots: (S1) 127.59; (P) 128.09; (R1) 128.73; Intraday bias in EUR/JPY remains neutral at this point. On the upside, break of 130.33 resistance will confirm resumption of...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5628; (P) 1.5692; (R1) 1.5731; Intraday bias in EUR/AUD remains neutral at this point. On the upside, sustained break of 1.5773 will indicate that whole...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7393; (P) 0.7419; (R1) 0.7466; Intraday bias in AUD/USD is mildly on the upside as recovery from 0.7345 might extend higher. But upside should be limited...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1614; (P) 1.1645 (R1) 1.1690; EUR/USD’s consolidation pattern from 1.1509 is still in progress and outlook is unchanged. Intraday bias stays neutral...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9856; (P) 0.9894; (R1) 0.9915; Intraday bias in USD/CHF remains on the downside for 0.9787 support. Current decline from 0.9989 is seen as the third leg of...

Yen trades broadly higher today, followed by Dollar and Swiss Franc as sentiments are weighed down by escalating trade rhetorics. Nikkei closed down by -0.79% at 22339.15, after hitting session low at...

The Canadian dollar is showing slight gains in the Friday session. Currently, USD/CAD is trading at 1.3276, down 0.30% on the day. On the release front, Canada will publish key consumer data. CPI, the...

EUR/JPY Daily OutlookDaily Pivots: (S1) 127.04; (P) 127.55; (R1) 128.09; EUR/JPY’s strong rebound and breach of 128.50 minor resistance argues that pull back from 130.33 is completed at 126.63....

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5657; (P) 1.5702; (R1) 1.5771; Focus is back on 1.5773 support turned resistance in EUR/AUD, with today’s rise. Sustained break of 1.5773 will indicate...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1531; (P) 1.1582 (R1) 1.1655; EUR/USD rebounds further today as consolidation pattern from 1.1509 is extending. While further rise cannot be ruled out, upside...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9882; (P) 0.9934; (R1) 0.9971; USD/CHF’s break of 0.9894 minor support suggests that rebound from 0.9787 is completed at 0.9989. And, correction from...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7351; (P) 0.7372; (R1) 0.7400; Intraday bias in AUD/USD is turned neutral again s with the current recovery. On the upside, break of 0.7408 minor resistance...

The BoE triggered rebound in Sterling was relatively brief. Risk aversion quickly regained the spotlight in the markets. DOW extended its losing streak for the eight day and closed down -196.10 pts or...

EUR/JPY Daily OutlookDaily Pivots: (S1) 127.24; (P) 127.59; (R1) 128.09; Intraday bias in EUR/JPY is turned neutral with a temporary low formed at 126.63. But deeper decline is still expected with...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5644; (P) 1.5684; (R1) 1.5750; Intraday bias in EUR/AUD remains neutral at this point. On the downside, break of 1.5601 minor support will turn bias to the...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7354; (P) 0.7381; (R1) 0.7397; Breach of 1.7346 temporary low suggests fall resumption after brief consolidation. Intraday bias is back on the downside for...