ActionForex

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.06; (P) 129.67; (R1) 130.04; EUR/JPY drops sharply after hitting 130.26 and intraday bias is turned neutral for some consolidations. Another rise is...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8766; (P) 0.8802; (R1) 0.8829; EUR/GBP failed to break through 0.8844 and retreated. Break of 0.8776 minor support turned intraday bias neutral again. For...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7600; (P) 0.7637; (R1) 0.7661; Intraday bias in AUD/USD stays neutral at this point and outlook is unchanged. Rebound from 0.7411 is seen as a correction....

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1768; (P) 1.1804 (R1) 1.1837; EUR/USD is losing upside momentum as seen in 4 hour MACD. But near term outlook is unchanged. Corrective rise from 1.1509 could...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9772; (P) 0.9821; (R1) 0.9853; USD/CHF’s corrective fall from 1.0056 is still in progress. Intraday bias stays on the downside for 0.9724 fibonacci...

Yen is picking up some strength in Asian session today while commodity currencies are generally lower. Pull back in US treasury yield is a factor that’s support the Yen. 10 year yield hit as...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.86; (P) 129.35; (R1) 130.22; EUR/JPY’s rebound from 124.61 extends to as high as 130.12 so far today and intraday bias remains on the upside. As...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8748; (P) 0.8769; (R1) 0.8798; EUR/GBP is still bounded in right range inside near term channel. Intraday bias remains neutral first. On the upside, above...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7627; (P) 0.7652; (R1) 0.7691; Intraday bias in AUD/USD remains neutral at this point. Outlook is unchanged that rebound from 0.7411 is seen as a correction....

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1727; (P) 1.1761 (R1) 1.1811; Intraday bias in EUR/USD is mildly on the upside as rebound from 1.1509 extends. Still, such rise is seen as a corrective move....

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9838; (P) 0.9863; (R1) 0.9890; USD/CHF’s break of 0.9825 finally indicates resumption of the correction decline from 1.0056. As it’s seen as...

Japanese Yen is trying to recover in Asian session today but remains the weakest one for the week. Risk appetites have been be strong as risk of trade war is shrugged off by investors. DOW rose 346.41...

GBP/JPY Daily OutlookDaily Pivots: (S1) 146.38; (P) 146.75; (R1) 147.45; GBP/JPY’s rebound from 143.18 extended higher and break of 147.04 support turned resistance suggests that fall from...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5300; (P) 1.5349; (R1) 1.5434; EUR/AUD is losing some downside momentum as seen in 4 hour MACD. But deeper decline is still expected with 1.5529 resistance...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1668; (P) 1.1701 (R1) 1.1749; EUR/USD’s corrective rebound from 1.1509 might extend higher. But upside should be limited by 1.1822/1995 resistance zone...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9821; (P) 0.9857; (R1) 0.9884; USD/CHF continues to stay in right range above 0.9825 and intraday bias remains neutral first. On the downside, break of 0.9825...