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Action Insight: GBPJPY Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 23 15 09:12 GMT
Intraday bias in EUR/AUD remains neutral for the moment. Sustained trading below 1.3726 will confirm resumption of larger decline from 1.5831 and would target key medium term cluster at 1.3217/92. However, break of 1.4016 resistance will dampen the bearish case and turn bias back to the upside for 1.4443 resistance instead.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 22 15 08:36 GMT
Intraday bias in EUR/AUD remains neutral for the moment. Sustained trading below 1.3726 will confirm resumption of larger decline from 1.5831 and would target key medium term cluster at 1.3217/92. However, break of 1.4016 resistance will dampen the bearish case and turn bias back to the upside for 1.4443 resistance instead.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 21 15 11:36 GMT
Intraday bias in EUR/AUD remains neutral for the moment. Sustained trading below 1.3726 will confirm resumption of larger decline from 1.5831 and would target key medium term cluster at 1.3217/92. However, break of 1.4016 resistance will dampen the bearish case and turn bias back to the upside for 1.4443 resistance instead.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 20 15 12:45 GMT
Intraday bias in EUR/AUD is neutral for the moment. Sustained trading below 1.3726 will confirm resumption of larger decline from 1.5831 and would target key medium term cluster at 1.3217/92. However, break of 1.4016 resistance will dampen the bearish case and turn bias back to the upside for 1.4443 resistance instead.
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EUR/AUD Weekly Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 18 15 12:06 GMT
EUR/AUD dropped further to as low as 1.3701 last week but couldn't sustain below 1.3726 support and recovered. Initial bias is neutral this week first. Sustained trading below 1.3726 will confirm resumption of larger decline from 1.5831 and would target key medium term cluster at 1.3217/92. However, break of 1.4016 resistance will dampen the bearish case and turn bias back to the upside for 1.4443 resistance instead.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 16 15 09:29 GMT
EUR/AUD's drops to as low as 1.3701 so far today and the break of 1.3726 indicates resumption whole corrective fall from 1.5831. Intraday bias is now on the downside for deeper fall towards key medium term cluster at 1.3217/92. On the upside, break of 1.4016 minor resistance is needed to indicate short term bottoming. Otherwise, outlook will stay bearish in case of recovery.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 15 15 07:03 GMT
Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 1.3726 will extend the whole correction pattern from 1.5831 towards key medium term cluster at 1.3217/92. On the upside, firm break of 1.4443 is needed to confirm reversal. Otherwise, outlook will stay cautiously bearish.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 14 15 03:28 GMT
Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 1.3726 will extend the whole correction pattern from 1.5831 towards key medium term cluster at 1.3217/92. On the upside, firm break of 1.4443 is needed to confirm reversal. Otherwise, outlook will stay cautiously bearish.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 13 15 11:45 GMT
EUR/AUD's recovery and break of 1.3949 minor resistance indicates temporary bottoming. Intraday bias is turned neutral first. On the downside, decisive break of 1.3726 will extend the whole correction pattern from 1.5831 towards key medium term cluster at 1.3217/92. On the upside, firm break of 1.4443 is needed to confirm reversal. Otherwise, outlook will stay cautiously bearish.
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EUR/AUD Weekly Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Apr 12 15 07:55 GMT
EUR/AUD dropped sharply to as low as 1.3783 last week. The development indicates that rebound from 1.3726 has completed at 1.4443 already. More importantly, the development suggests that the larger correction from 1.5831 isn't completed yet. Initial bias remains on the downside this week for 1.3726 support first. Break will extend the whole correction pattern towards key medium term cluster at 1.3217/92. On the upside, above 1.3949 minor resistance will turn bias neutral first.
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