ActionForex

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8718; (P) 0.8738; (R1) 0.8757; Intraday bias in EUR/GBP remains neutral for the moment. With 0.8693 minor support intact, we’d favor another rise. On...

GBP/JPY Daily OutlookDaily Pivots: (S1) 146.47; (P) 146.78; (R1) 147.25; Intraday bias in GBP/JPY remains neutral as range trading continues below 148.10. On the upside, above 148.10 will resume the...

Yen trades generally higher in Asian session today on mild risk aversion. Escalation of trade tension between US and China is a factor weighing on sentiments. The 6.1 earthquake in Osaka also...

GBP/JPY Daily OutlookDaily Pivots: (S1) 146.28; (P) 147.06; (R1) 147.46; GBP/JPY is staying in range of 145.82/148.10 and intraday bias remains neutral first. On the upside, above 148.10 will resume...

EUR/CHF Daily OutlookDaily Pivots: (S1) 1.1493; (P) 1.1571; (R1) 1.1611; Despite dipping to 1.1519, EUR/CHF quickly recovered and intraday bias is turned neutral first. Outlook is unchanged at the the...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1468; (P) 1.1659 (R1) 1.1756; Intraday bias in EUR/USD remains on the downside for 1.1509 low first. Break there will confirm resumption of larger decline...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9874; (P) 0.9923; (R1) 1.0022; Intraday bias in USD/CHF remains on the upside for 1.0056 high. Decisive break there will resume larger rise fro 0.9186 and...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7440; (P) 0.7512; (R1) 0.7549; AUD/USD drops sharply to as low as 0.7452 so far and intraday bias remains on the downside. Corrective rise from 0.7411 should...

Dollar is trading as the strongest one as partly helped by the post ECB selloff in Euro. In part, there were delayed reactions to the hawkish Fed announcement too, which indicates it will hike two...

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.70; (P) 130.02; (R1) 130.46; Despite breaching 130.26 to 130.33, there is no follow through buying in EUR/JPY. Upside momentum also stays weak as seen in 4...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5500; (P) 1.5547; (R1) 1.5606; EUR/AUD’s rebound from 1.5271 resumed by breaking 1.5556 and reaches as high as 1.5648 so far. Intraday bias is back on...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7537; (P) 0.7573; (R1) 0.7616; Intraday bias in AUD/USD remains on the downside at this point. As noted before, corrective rise from 0.7411 should have...

USD/JPY Daily OutlookDaily Pivots: (S1) 110.12; (P) 110.49; (R1) 110.70; USD/JPY lost upside momentum after hitting 110.84 and intraday bias is turned neutral. Overall outlook is unchanged that price...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3323; (P) 1.3362; (R1) 1.3416; GBP/USD recovers after dipping to 1.3307 and intraday bias is turned neutral again. Below 1.3307 will reaffirm the case that...

Dollar got a very brief lift overnight as Fed delivered a hawkish rate hike. But it quickly lost steam as weighed down by concern over trade war between US and China. For today, the greenback is only...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3333; (P) 1.3379; (R1) 1.3416; Intraday bias in GBP/USD remains neutral with focus on 1.3341 support. Break will confirm completion of the corrective rise...