ActionForex

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1303; (P) 1.1362; (R1) 1.1397; With 1.1421 minor resistance intact, further decline is still expected in EUR/USD for 1.1215 support. Break there will resume...

USD/CHF Daily OutlookDaily Pivots: (S1) 0.9946; (P) 0.9963; (R1) 0.9992; USD/CHF is staying in consolidation above 0.9908 and intraday bias remains neutral at this point. On the upside, break of...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3166; (P) 1.3207; (R1) 1.3231; Intraday bias in USD/CAD remains neutral at this point. Near term outlook remains bullish as long as 1.3141 support holds. On...

GBP/USD Daily OutlookDaily Pivots: (S1) 1.2785; (P) 1.2857; (R1) 1.2950; Intraday bias in GBP/USD remains mildly on the upside. Rebound from 1.2723 could be another rising leg inside the...

USD/JPY Daily OutlookDaily Pivots: (S1) 112.82; (P) 113.01; (R1) 113.14; Intraday bias in USD/JPY remains neutral at this point. On the downside, break of 112.30 will extend the fall from 114.20 and...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5675; (P) 1.5717; (R1) 1.5767; Intraday bias in EUR/AUD remains neutral at this point. On the upside, above 1.5781 will resume the corrective rebound from...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.61; (P) 128.86; (R1) 129.06; EUR/JPY is staying in consolidation above 127.49 and intraday bias remains neutral for the moment. As long as 130.14...

The forex markets are rather quiet today with major pairs and crosses bounded in tight range. Sterling was lifted by news that UK and EU agreed on the declaration on future relationship. But the boost...

EUR/JPY Daily OutlookDaily Pivots: (S1) 128.19; (P) 128.64; (R1) 129.18; Intraday bias in EUR/JPY remains neutral as consolidation from 127.49 is extending. As long as 130.14 resistance holds, deeper...

EUR/AUD Daily OutlookDaily Pivots: (S1) 1.5628; (P) 1.5709; (R1) 1.5755; EUR/AUD retreats after hitting 1.5781 and intraday bias is turned neutral first. On the upside, above 1.5781 will resume the...

USD/JPY Daily OutlookDaily Pivots: (S1) 112.73; (P) 112.96; (R1) 113.27; Intraday bias in USD/JPY remains neutral with focus on 113.09 resistance. Sustained break of 113.09 will indicate that fall...

EUR/USD Daily OutlookDaily Pivots: (S1) 1.1358; (P) 1.1392; (R1) 1.1418; Intraday bias in EUR/USD remains neutral at this point. As long as 1.1499 resistance holds, outlook remains bearish. On the...

USD/CAD Daily OutlookDaily Pivots: (S1) 1.3200; (P) 1.3260; (R1) 1.3291; USD/CAD retreated sharply after hitting 1.3318 and intraday bias is turned neutral first. Some consolidations would be seen....

Trading is rather subdued in Asian session today as the markets are already in holiday mood. For now, Euro is trading generally higher, followed by Sterling. Australia and New Zealand turned soft...

While Asian markets initially opened lower following the US, major indices turned positive after lunch. The development lifted Australian and New Zealand Dollar slightly. But Canadian Dollar is...

EUR/CHF Daily OutlookDaily Pivots: (S1) 1.1359; (P) 1.1392; (R1) 1.1414 No change in EUR/CHF’s outlook. The structure of price actions from 1.1501 suggests it’s a consolidation pattern. In...