ActionForex

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9658; (P) 0.9678; (R1) 0.9706; No change in USD/CHF’s outlook. Intraday bias remains on the upside and current rise from 0.9186 should target 0.9900...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2560; (P) 1.2609; (R1) 1.2676; As noted before, a short term bottom should be in place at 1.2526. Intraday bias stays mildly on the upside for recovering to...

Markets sentiments turned positive as there were now continuous flow of bad news. All three of DOW, S&P 500 and NASDAQ closed higher overnight, with NASDAQ scoring the best performance....

EUR/JPY Daily OutlookDaily Pivots: (S1) 132.05; (P) 132.40; (R1) 132.71; EUR/JPY is staying in consolidation below 132.96 and intraday bias remains neutral. In case of another retreat, downside should...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5880; (P) 1.5917; (R1) 1.5955; At this point, intraday bias in EUR/AUD remains neutral. We’d expect upside of recovery to be limited below 1.6055 minor...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.2332; (P) 1.2372 (R1) 1.2410; Intraday bias in EUR/USD remains neutral for the moment. On the upside, above 1.2413 will extend the rebound from 1.2214 to...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9571; (P) 0.9604; (R1) 0.9631; USD/CHF surges to as high as 0.9677 as rise from 0.9186 resumed. The break of 0.9626 key fibonacci resistance as more credence...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7755; (P) 0.7773; (R1) 0.7786; Intraday bias in AUD/USD remains neutral at this point. Further rise remains mildly in favor with 0.7725 minor support intact....

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9571; (P) 0.9604; (R1) 0.9631 Intraday bias in USD/CHF remains neutral as it’s staying in range of 0.9533/9648. On the downside, break of 0.9533 minor...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2544; (P) 1.2584; (R1) 1.2603. USD/CAD is staying in consolidation above 1.2544 temporary low. Intraday bias remains neutral first. In case of another...

EUR/CHF Daily OutlookDaily Pivots: (S1) 1.1861; (P) 1.1873; (R1) 1.1892 EUR/CHF’s rally resumed after brief consolidation and reaches as high as 1.1894 so far. Intraday bias is back on the...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8617; (P) 0.8643; (R1) 0.8658 Intraday bias in EUR/GBP remain neutral and more consolidations could be seen. Another recovery cannot be ruled out. But upside...

GBP/JPY Daily OutlookDaily Pivots: (S1) 152.89; (P) 153.32; (R1) 154.00 GBP/JPY is staying in consolidation below 153.83 temporary top and intraday bias remains neutral first. In case of another...

Sterling retreats mildly in Asian session today, against Dollar, Euro and Yen. But it remains the strongest one for the week. The breach of 1.4345 resistance in GBP/USD overnight signals medium term...

EUR/JPY Daily OutlookDaily Pivots: (S1) 131.96; (P) 132.14; (R1) 132.49; Intraday bias bias in EUR/JPY remains neutral for consolidation below 132.89 temporary top. For now, downside of retreat...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8634; (P) 0.8650; (R1) 0.8672; Intraday bias in EUR/GBP stays neutral for some consolidations first. While stronger rebound might be seen, recovery should be...