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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 | Aug 03 15 10:15 GMT
Intraday bias in EUR/AUD remains neutral for the moment for some more consolidations. As long as 1.4643 support holds, further rally is expected. Above 1.5274 will target 1.5531 first. Decisive break there will imply larger up trend resumption and will target a test on 1.5831 high next.
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EUR/AUD Weekly Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 01 15 11:13 GMT
EUR/AUD's rally continued last week and reached as high as 1.5274 before forming a temporary top there. Initial bias is neutral this week first for some more consolidations. But as long as 1.4643 support holds, further rally is expected. Above 1.5274 will target 1.5531 first. Decisive break there will imply larger up trend resumption and will target a test on 1.5831 high next.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Jul 30 15 10:25 GMT
Intraday bias in EUR/AUD remains neutral for the moment as consolidation from 1.5274 continues. Further rise is still expected as long as 1.4643 support holds. Above 1.5274 will target 1.5331 resistance. Break will be an early sign of larger up trend resumption and will target a test on 1.5831 high next.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Jul 29 15 05:40 GMT
Intraday bias in EUR/AUD remains neutral for the moment. Further rise is still expected as long as 1.4643 support holds. Above 1.5274 will target 1.5331 resistance. Break will be an early sign of larger up trend resumption and will target a test on 1.5831 high next.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Jul 28 15 05:28 GMT
A temporary top is in place at 1.5274 and intraday bias is turned neutral first. Further rise is still expected as long as 1.4643 support holds. Above 1.5274 will target 1.5331 resistance. Break will be an early sign of larger up trend resumption and will target a test on 1.5831 high next.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Jul 27 15 12:42 GMT
EUR/AUD's rally extends today and reaches as high as 1.5246 so far. Intraday bias remains on the upside for 1.5331 resistance. Break will be an early sign of larger up trend resumption and will target a test on 1.5831 high next. On the downside, break of 1.4643 support is needed to indicate near term reversal. Otherwise, outlook will stay bullish in case of retreat.
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EUR/AUD Weekly Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Jul 25 15 09:29 GMT
EUR/AUD's rise from 1.3671 resumed last week by taking out 1.5068 resistance. Initial bias is back on the upside this week for 1.5331 resistance next. On the downside, break of 1.4643 support is needed to indicate near term reversal. Otherwise, outlook will stay bullish in case of retreat.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Jul 23 15 09:58 GMT
Intraday bias in EUR/AUD remains neutral for consolidation below 1.5068. Further rally is expected as long as 1.4314 support holds. Above 1.5068 will extend current rise from 1.3671 to 1.5331 resistance. However, break of 1.4314 will argue that rebound from 1.3671 has completed and will turn near term outlook bearish.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Jul 22 15 06:55 GMT
Intraday bias in EUR/AUD remains neutral for consolidation below 1.5068. Further rally is expected as long as 1.4314 support holds. Above 1.5068 will extend current rise from 1.3671 to 1.5331 resistance. However, break of 1.4314 will argue that rebound from 1.3671 has completed and will turn near term outlook bearish.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Jul 21 15 09:29 GMT
Intraday bias in EUR/AUD remains neutral for consolidation below 1.5068. Further rally is expected as long as 1.4314 support holds. Above 1.5068 will extend current rise from 1.3671 to 1.5331 resistance. However, break of 1.4314 will argue that rebound from 1.3671 has completed and will turn near term outlook bearish.
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