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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 20 14 06:35 GMT
Intraday bias in EUR/AUD remains neutral for the moment. With 1.4271 minor support intact, rebound from 1.4197 short term bottom is still expected to continue. Above 1.4477 will target 1.4601 resistance first. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Nonetheless, break of 1.4271 will suggest that the correction is still in progress for another low below 1.4197 and will turn bias back to the downside. In that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
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EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 19 14 04:54 GMT
Intraday bias in EUR/AUD remains neutral for the moment. With 1.4271 minor support intact, rebound from 1.4197 short term bottom is still expected to continue. Above 1.4477 will target 1.4601 resistance first. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Nonetheless, break of 1.4271 will suggest that the correction is still in progress for another low below 1.4197 and will turn bias back to the downside. In that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 18 14 06:35 GMT
Intraday bias in EUR/AUD remains neutral for the moment. With 1.4271 minor support intact, rebound from 1.4197 short term bottom is still expected to continue. Above 1.4477 will target 1.4601 resistance first. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Nonetheless, break of 1.4271 will suggest that the correction is still in progress for another low below 1.4197 and will turn bias back to the downside. In that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
Read more...
 
EUR/AUD Weekly Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 16 14 09:11 GMT
EUR/AUD continued to face pressure below 55 days EMA and struggled in range below 1.4477 last week. Nonetheless, with 1.4271 minor support intact, rebound from 1.4197 short term bottom is still expected to continue. Above 1.4477 will target 1.4601 resistance first. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Nonetheless, break of 1.4271 will suggest that the correction is still in progress for another low below 1.4197 and will turn bias back to the downside. In that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 15 14 07:29 GMT
No change in EUR/AUD's outlook. With 1.4271 minor support intact, the rebound from 1.4197 short term bottom is expected to extend to 1.4601 resistance. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Nonetheless, break of 1.4271 will suggest that the correction is still in progress for another low below 1.4197 and will turn bias back to the downside. In that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 14 14 05:13 GMT
EUR/AUD's rebound from 1.4197 short term bottom lost some momentum. But with 1.4271 minor support intact, further rise is still expected to 1.4601 resistance. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Nonetheless, break of 1.4271 will suggests that the correction is still in progress for another low below 1.4197 and will turn bias back to the downside. In that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 13 14 04:35 GMT
No change in EUR/AUD's outlook. The rebound from 1.4197 is expected to extend higher to 1.4601 resistance next. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Break of 1.4197 will extend the correction but in that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 12 14 05:55 GMT
No change in EUR/AUD's outlook. The rebound from 1.4197 is expected to extend higher to 1.4601 resistance next. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Break of 1.4197 will extend the correction but in that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 11 14 07:58 GMT
EUR/AUD's rebound from 1.4197 short term bottom is expected to extend to 1.4601 resistance. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Break of 1.4197 will extend the correction but in that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
Read more...
 
EUR/AUD Weekly Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | Aug 09 14 09:21 GMT
Despite some intra-week volatility, the rebound from 1.4197 short term bottom extended higher last week. Further rise remains in favor initially this week for 1.4601 resistance. Decisive break there will argue that the corrective fall from 1.5813 has completed and will turn near term outlook bullish. Break of 1.4197 will extend the correction but in that case, we'd expect strong support from 1.4050 to contain downside and bring reversal.
Read more...
 
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