ActionForex

EUR/JPY Daily OutlookDaily Pivots: (S1) 132.87; (P) 133.10; (R1) 133.29; With 132.03 minor support intact, EUR/JPY’s recovery from 128.94 could extend higher. But after all, it’s seen as a...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6053; (P) 1.6096; (R1) 1.6119; EUR/AUD lost some upside momentum as seen in 4 hour MACD. But with 1.6015 minor support intact, further rise is mildly in...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7542; (P) 0.7573; (R1) 0.7596; With 0.7620 minor resistance intact, intraday bias in AUD/USD remains on the downside for 0.7500 key support level. Decisive...

USD/JPY Daily OutlookDaily Pivots: (S1) 108.97; (P) 109.21; (R1) 109.66; With 108.54 minor support intact, intraday bias in USD/JPY remains on the upside. Rise from 104.62 is in progress and should...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3899; (P) 1.3965; (R1) 1.4004; Intraday bias in GBP/USD remains neutral as consolidation from 1.3917 temporary low is still unfolding. Another recovery...

Dollar retreats mildly in Asian session today but remains the strongest one for the week. US 10 year yield finally took out 3% level overnight with some conviction. TNX hit as high as 3.035 before...

EUR/JPY Daily OutlookDaily Pivots: (S1) 132.65; (P) 133.06; (R1) 133.52; Intraday bias in EUR/JPY stays mildly on the upside at this point. Rebound from 128.94 should extend higher. However,...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6035; (P) 1.6074; (R1) 1.6127; EUR/AUD’s rebound from 1.5773 extends today and intraday bias stays on the upside for 1.6189 resistance. Firm break there...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.2194; (P) 1.2220 (R1) 1.2258; A temporary low is in place at 1.2181 and intraday bias is turned neutral first. Some consolidations could be seen. But upside...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9749; (P) 0.9768; (R1) 0.9801; USD/CHF’s rise is still in progress and reaches as high as 0.9823 so far. Intraday bias remains on the upside and...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2808; (P) 1.2834; (R1) 1.2857; USD/CAD’s rise resumes after brief consolidation and intraday bias remains on the upside. Current rally from 1.2526...

Dollar traded mixed overnight as while 10 year yield breached 3% handle, there was no follow through selling in bonds that kept it above that level. On the other hand, the situation was complicated by...

EUR/JPY Daily OutlookDaily Pivots: (S1) 132.27; (P) 132.52; (R1) 132.95; EUR/JPY recovered after drawing support from 4 hour 55 EMA and intraday bias is turned neutral. At this point, we’re...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8743; (P) 0.8758; (R1) 0.8773; Intraday bias in EUR/GBP is turned neutral first with 4 hour MACD crossed below signal line. Further rise is expected as long...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7575; (P) 0.7628; (R1) 0.7658; Intraday bias in AUD/USD remains on the downside. Current fall is part of the whole decline from 0.8135 and should target...

USD/JPY Daily OutlookDaily Pivots: (S1) 107.98; (P) 108.36; (R1) 109.08; Intraday bias in USD/JPY remains on the upside for the moment. Current development suggests that medium term trend is possibly...