EUR/USD Daily Outlook

Daily Pivots: (S1) 1.2202; (P) 1.2278 (R1) 1.2317; More…. Despite breaching 1.2257, EUR/USD recovered without sustaining below. Intraday bias remains neutral first. On the upside, break of 1.2358 resistance will revive the bullish case. That is, pull back from 1.2445 has completed. Intraday bias will be turned back to the upside for 1.2445 and then […]

The post EUR/USD Daily Outlook appeared first on Action Forex.

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2275; (P) 1.2316 (R1) 1.2376; More…. EUR/USD’s sharp fall today now put 1.2257 support back into focus. Intraday bias is turned neutral first. For the moment, we’re slightly favoring the case that price actions from 1.2445 are corrective in nature. And 1.2257 support should hold even in case of a brief breach. […]

The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2252; (P) 1.2294 (R1) 1.2328; More…. EUR/USD recovers strongly ahead of 1.2251 support. But for now it’s staying below 1.2335 minor resistance. Intraday bias remains neutral first. Overall, with 1.2251 intact, further rise is expected in the pair. Above 1.2235 will turn bias to the upside for 1.2445 first. Break will confirm […]

The post EUR/USD Mid-Day Outlook appeared first on Action Forex.

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.2252; (P) 1.2294 (R1) 1.2328; More…. Intraday bias in EUR/USD remains neutral at this point. Focus stays on 1.2251 minor support Firm break there will confirm completion of rebound from 1.2154. And intraday bias will be turned to the downside to extend the fall from 1.2555. On the upside, break of 1.2445 […]

The post EUR/USD Daily Outlook appeared first on Action Forex.

EUR/USD Weekly Outlook

EUR/USD stayed in range last week despite some decline attempts. Initial bias remains neutral this week first. Focus will be on 1.2251 minor support. Break there will confirm completion of rebound from 1.2154. And intraday bias will be turned to the downside to extend the fall from 1.2555. On the upside, break of 1.2445 will […]

The post EUR/USD Weekly Outlook appeared first on Action Forex.