ActionForex

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2833; (P) 1.2868; (R1) 1.2922; Intraday bias in USD/CAD remains neutral. We continue to expect strong support from 1.2802 cluster support zone (38.2%...

GBP/JPY Daily OutlookDaily Pivots: (S1) 148.54; (P) 149.51; (R1) 150.10; Intraday bias in GBP/JPY remains neutral at this point and outlook is unchanged. Choppy rebound from 144.97 is seen as a...

EUR/CHF Daily OutlookDaily Pivots: (S1) 1.1727; (P) 1.1750; (R1) 1.1763; EUR/CHF’s rally from 1.1445 is still in progress and further rise should be seen to retest 1.1832 resistance. At this...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.6081; (P) 1.6121; (R1) 1.6189; EUR/AUD’s rally is still in progress and intraday bias remains on the upside. Current rise should target 100% projection...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9442; (P) 0.9469; (R1) 0.9493; Intraday bias in USD/CHF remains neutral and outlook is unchanged. While rebound from 0.9186 might extend higher, we’d...

There was some volatility seen yesterday in the forex markets. But as dusts settled, Euro is staying as the strongest one for the week, followed by New Zealand Dollar and Sterling. On the other hand,...

EUR/JPY Daily OutlookDaily Pivots: (S1) 129.82; (P) 130.59; (R1) 131.98; EUR/JPY’s rebound form 128.94 extends to as high as 131.80 so far. However, it’s still limited below 132.40...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5982; (P) 1.6056; (R1) 1.6138; EUR/AUD reaches as high as 1.1631 so far as recent rally extends. Intraday bias remains on the upside at this point. Sustained...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7710; (P) 0.7730; (R1) 0.7768; Intraday bias in AUD/USD remains neutral at this point as consolidation from 0.7671 temporary continues. With upside limited...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9442; (P) 0.9469; (R1) 0.9493; USD/CHF is staying in range of 0.9423/9568 and intraday bias remains neutral first. As noted, rebound from 0.9186 might not be...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.4156; (P) 1.4200; (R1) 1.4273; Intraday bias in GBP/USD remains on the upside. Rise from 1.3711 is in progress to retest 1.4345 high first. Decisive break...

he financial markets responded positively to news that US and China are back on the table for trade negotiation. At least for now, the fear of further escalation in tension is eased. DOW ended...

GBP/JPY Daily OutlookDaily Pivots: (S1) 147.42; (P) 148.19; (R1) 148.72; Intraday bias in GBP/JPY remains neutral at this point. While another rise cannot be ruled out, we maintain the view that...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8713; (P) 0.8733; (R1) 0.8757; Intraday bias in EUR/GBP remains neutral for the moment. On the upside, break of 0.8757 minor resistance will turn bias back...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.4085; (P) 1.4128; (R1) 1.4173; With 1.3982 minor support intact, further rise is expected in GBP/USD to retest 1.4345 resistance first. Firm break there will...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.2833; (P) 1.2885; (R1) 1.2947; No change in USD/CAD’s outlook. We’d expect strong support from 1.2802 cluster support zone (38.2% retracement of...