ActionForex

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9452; (P) 0.9482; (R1) 0.9505; Intraday bias in USD/CHF remains neutral for consolidation below 0.9533 temporary top. Another rise is expected as long as...

Movements in the forex markets are not too decisive for the moment. Sterling made a bull run yesterday but there was no follow through buying. GBP/JPY is staying below 1.3929 near term resistance...

Movements in the forex markets are not too decisive for the moment. Sterling made a bull run yesterday but there was no follow through buying. GBP/JPY is staying below 1.3929 near term resistance...

GBP/JPY Daily OutlookDaily Pivots: (S1) 146.82; (P) 147.67; (R1) 148.75; Intraday bias in GBP/JPY remains neutral as consolidation from 144.97 continues. In case of stronger rise, upside should be...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8861; (P) 0.8893; (R1) 0.8912; Intraday bias in EUR/GBP remains mildly on the downside for 0.8771 support. Break there will confirm completion of rebound...

EUR/CHF Daily OutlookDaily Pivots: (S1) 1.1681; (P) 1.1710; (R1) 1.1739; Intraday bias in EUR/CHF remains neutral for the moment as consolidation from 1.1740 temporary top is extending. As noted...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3792; (P) 1.3841; (R1) 1.3894; Intraday bias in GBP/USD remains neutral at this point. With 1.3929 minor resistance intact, deeper fall is still expected in...

USD/JPY Daily OutlookDaily Pivots: (S1) 106.29; (P) 106.66; (R1) 107.18; USD/JPY is still bounded in consolidation from 105.24 and intraday bias remains on the upside. Note again that bullish...

Australian Dollar and New Zealand Dollar jump broadly as another week starts in full risk-on mode. Japanese Nikkei opened sharply higher and is trading up 1.4% at the time of writing. Hong Kong HSI is...

GBP/JPY Daily OutlookDaily Pivots: (S1) 146.08; (P) 146.86; (R1) 147.47; GBP/JPY is staying in consolidation from 144.97. Intraday bias remains neutral first. In case of stronger recovery, upside...

EUR/GBP Daily OutlookDaily Pivots: (S1) 0.8893; (P) 0.8925; (R1) 0.8943; EUR/GBP continues to lose upside momentum, as seen in 4 hour MACD. Still, with 0.8877 minor support intact, further rise is...

EUR/CHF Daily OutlookDaily Pivots: (S1) 1.1681; (P) 1.1710; (R1) 1.1739; EUR/CHF lost some upside momentum after hitting 1.1740. But with 1.1630 minor support intact, further rise is still expected...

AUD/USD Daily OutlookDaily Pivots: (S1) 0.7760; (P) 0.7799; (R1) 0.7825; AUD/USD is still bounded in range above 0.7712 and intraday bias remains neutral. With 0.7892 minor resistance intact, near...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.3757; (P) 1.3833; (R1) 1.3888; GBP/USD drops sharply after recovery from 1.3711 ended at 1.3929. But it’s staying above 1.3711 temporary low. Intraday...

The greenback emerged as a winner after most of the the event risks this week and is staying firm in Asian session. In particular, Euro’s selloff after just slightly less dovish than expected...

GBP/JPY Daily OutlookDaily Pivots: (S1) 146.60; (P) 147.08; (R1) 147.94; Intraday bias in GBP/JPY remains neutral as recovery from 144.97 temporary low is in progress. While further rise cannot be...