ActionForex

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1541; (P) 1.1572 (R1) 1.1606; Intraday bias in EUR/USD remains neutral as consolidative trading continues. In case of another recovery, upside should be...

Dollar overtakes Yen as the strongest current for the week as buying merges today. Overnight’s rebound in treasury yield gives the greenback a helping hand. 10 year yield gained 0.035 to close...

EUR/JPY Daily OutlookDaily Pivots: (S1) 126.61; (P) 127.59; (R1) 128.55; Intraday bias in EUR/JPY remains mildly on the downside. Rebound from 124.61 could have finished at 130.33 already, after...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5635; (P) 1.5695; (R1) 1.5759; EUR/AUD’s rebound stalled at 1.5750, below 1.5773 key support turned resistance. Intraday bias is turned neutral first....

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7344; (P) 0.7386; (R1) 0.7424; A temporary low is in place at 1.7346 with the current recovery, ahead of 0.7328 cluster support (61.8% retracement of 0.6826...

USD/JPY Daily OutlookDaily Pivots: (S1) 109.54; (P) 110.07; (R1) 110.60; USD/JPY recovered after hitting 109.54 and intraday bias is turned neutral first. Outlook remains unchanged. Price actions...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1532; (P) 1.1589 (R1) 1.1646; Intraday bias in EUR/USD remains neutral as more consolidative could be seen. But in case of another recovery, upside should be...

Sentiments somewhat stabilized slightly in Asia as markets digest trade war triggered losses. China’s Shanghai composite is losing -0.59% at the time of writing. But Nikkei and Hong Kong HSI are...

Yen and Swiss Franc continue to dominate the market on risk aversion as trade tensions escalate. The US markets didn’t perform too badly indeed. DOW closed just down -103.01 pts or -0.41%...

GBP/JPY Daily OutlookDaily Pivots: (S1) 146.01; (P) 146.55; (R1) 146.99; GBP/JPY’s decline accelerates to as low as 144.62 so far today. The solid break of 145.82 minor support indicates...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8741; (P) 0.8761; (R1) 0.8793; EUR/GBP is still bounded in range of 0.8693/8844 and intraday bias remains neutral. Outlook is unchanged that with .8693 minor...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7404; (P) 0.7431; (R1) 0.7449; AUD/USD drops to as low as 0.7379 so far today. Solid break of 0.7411 support confirms resumption of larger decline from...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1584; (P) 1.1604 (R1) 1.1644;.. Intraday bias in EUR?USD remains neutral as this point for some more consolidation. Upside of recovery should be limited below...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9929; (P) 0.9959; (R1) 0.9983; Intraday bias in USD/CHF remains neutral fir the moment. With 0.9894 minor support intact, another rise is in favor. The...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3230; (P) 1.3264; (R1) 1.3317; Intraday bias in GBP/USD remains on the downside for 1.3203 low. Break will resume whole decline from 1.4376 and target 50%...

USD/JPY Daily OutlookDaily Pivots: (S1) 110.40; (P) 110.65; (R1) 110.92; USD/JPY continues to lose upside momentum as seen in 4 hour MACD. With 109.91 minor support intact, further rise is mildly in...