ActionForex

EUR/JPY Daily OutlookDaily Pivots: (S1) 131.16; (P) 131.32; (R1) 131.60; EUR/JPY is still staying in consolidation in range of 128.94/132.40. Intraday bias remains neutral. With 132.40 resistance...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5885; (P) 1.5937; (R1) 1.5977; Intraday bias in EUR/AUD stays neutral at this point. With 1.5857 support intact, another rise is expected. On the upside,...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.2207; (P) 1.2249 (R1) 1.2279; Intraday bias in EUR/USD stays on the downside for 1.2154 support. Firm break there should confirm rejection by 1.2516 key...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9607; (P) 0.9623; (R1) 0.9649; USD/CHF continues to press 0.9626 key fibonacci level but there is no sustained trading above there yet. On the upside,...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7678; (P) 0.7699; (R1) 0.7737; Intraday bias in AUD/USD stays neutral as consolidation from 0.7642 temporary low is still in progress. Near term outlook...

Trade war comes back to headline as US President Donald Trump announced his intention to triple down on the tariffs on Chinese imports. But so far, market reactions are muted. Major forex pairs are...

EUR/JPY Daily OutlookDaily Pivots: (S1) 130.49; (P) 130.84; (R1) 131.45; Intraday bias remains neutral as consolidative trading continues in range of 1.2894/132.40. With 132.40 resistance intact,...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5855; (P) 1.5955; (R1) 1.6010; No change in EUR/AUD’s outlook. With 1.5857 support intact, another rise is expected. On the upside, above 1.6084 minor...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.2236; (P) 1.2285 (R1) 1.2318; Intraday bias in EUR/USD stays on the downside for 1.2238 support first. Break will target 1.2154 support and below. Such...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9568; (P) 0.9590; (R1) 0.9628; USD/CHF’s rebound from 0.9186 extends today and reaches as high as 0.9629 so far. It’s now pressing 0.9626 key...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7678; (P) 0.7699; (R1) 0.7737; AUD/USD is still bounded in consolidation from 0.7642 temporary low and intraday bias stays neutral first. With 0.7784...

While the initial selloff in US stocks were steep, they quickly recovered and didn’t look back. DOW made a massive 700 pts come back from session low at 2523.16 to close at 24264.30, up 230.94...

EUR/JPY Daily OutlookDaily Pivots: (S1) 130.20; (P) 130.56; (R1) 131.13; No change in EUR/JPY’s outlook as it’s staying in range of 1.2894/132.40. Intraday bias remains neutral for the...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8704; (P) 0.8734; (R1) 0.8754; EUR/GBP drops sharply to as low as 0.8712 so far but it’s still staying in range of 0.8666/8796. Intraday bias remains...

USD/JPY Daily OutlookDaily Pivots: (S1) 105.98; (P) 106.31; (R1) 106.94; Intraday bias in USD/JPY remains neutral as it’s stuck in range below 107.00. Another rise is mildly in favor as long as...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.4023; (P) 1.4056; (R1) 1.4091; No change in GBP/USD’s outlook as it’s bounded in tight range above 1.4008 temporary low. On the downside, firm...