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Action Insight: EURUSD 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/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 28 16 13:07 GMT
Intraday bias in EUR/USD remains mildly on the upside for the moment. Consolidation pattern from 1.0911 is extending with another rise. Further rally would be seen to 1.1185 and possibly above. But upside should be limited well below 1.1426 resistance. We're still expected the decline from 1.1615 to resume later and break of 1.0911 will target 1.0821 support and then 1.0461/0517 support zone.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 28 16 03:33 GMT
EUR/USD's rebound and break of 1.1059 minor resistance suggests that choppy fall from 1.1185 is completed at 1.0951. The consolidation pattern from 1.0911 is going to extend with another rise. Intraday bias is back on the upside for 1.1185 and possibly above. But upside should be limited well below 1.1426 resistance. We're still expected the decline from 1.1615 to resume later and break of 1.0911 will target 1.0821 support and then 1.0461/0517 support zone.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 27 16 13:14 GMT
With 1.1059 minor resistance intact, further fall is still in favor to 1.0911 support. Break will extend the whole decline from 1.1615 and target 1.0821 support first. Also, current development indicates that rebound from 1.0517 has completed at 1.1615 already. Break of 1.0821 will target at test on 1.0461/0517 support zone. Though, above 1.1059 minor resistance will extend the consolidation from 1.0911 with another rise.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 27 16 04:35 GMT
With 1.1059 minor resistance intact, further fall is still in favor to 1.0911 support. Break will extend the whole decline from 1.1615 and target 1.0821 support first. Also, current development indicates that rebound from 1.0517 has completed at 1.1615 already. Break of 1.0821 will target at test on 1.0461/0517 support zone. Though, above 1.1059 minor resistance will extend the consolidation from 1.0911 with another rise.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 26 16 13:38 GMT
With 1.1059 minor resistance intact, further fall is still in favor to 1.0911 support. Break will extend the whole decline from 1.1615 and target 1.0821 support first. Also, current development indicates that rebound from 1.0517 has completed at 1.1615 already. Break of 1.0821 will target at test on 1.0461/0517 support zone. Though, above 1.1059 minor resistance will extend the consolidation from 1.0911 with another rise.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 26 16 05:52 GMT
With 1.1059 minor resistance intact, further fall is still in favor to 1.0911 support. Break will extend the whole decline from 1.1615 and target 1.0821 support first. Also, current development indicates that rebound from 1.0517 has completed at 1.1615 already. Break of 1.0821 will target at test on 1.0461/0517 support zone. Though, above 1.1059 minor resistance will extend the consolidation from 1.0911 with another rise.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 25 16 11:58 GMT
Intraday bias in EUR/USD is cautiously on the downside for 1.0911 low. Fall from 1.1615 might be resuming. Decisive break of 1.0911 will confirm the bearish case and target 1.0821 support first. Also, current development indicates that rebound from 1.0517 has completed at 1.1615 already. Break of 1.0821 will target at test on 1.0461/0517 support zone. Though, above 1.1059 minor resistance will extend the consolidation fro 1.0911 with another rise.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 25 16 09:15 GMT
Intraday bias in EUR/USD is cautiously on the downside for 1.0911 low. Fall from 1.1615 might be resuming. Decisive break of 1.0911 will confirm the bearish case and target 1.0821 support first. Also, current development indicates that rebound from 1.0517 has completed at 1.1615 already. Break of 1.0821 will target at test on 1.0461/0517 support zone. Though, above 1.1059 minor resistance will extend the consolidation fro 1.0911 with another rise.
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EUR/USD Weekly Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 23 16 13:18 GMT
EUR/USD's fall last week argues that fall from 1.1615 might be ready to resume. Initial bias is cautiously on the downside this week for 1.0911 low. Decisive break there will confirm the bearish case and target 1.0821 support first. Also, current development indicates that rebound from 1.0517 has completed at 1.1615 already. Break of 1.0821 will target at test on 1.0461/0517 support zone. Though, above 1.1059 minor resistance will extend the consolidation from 1.0911 with another rise.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Jul 22 16 12:52 GMT
Intraday bias in EUR/USD remains neutral as consolidative trading continues. In case of another rise, upside should be limited well below 1.1426 resistance and bring fall resumption. Below 1.0911 will resume the fall from 1.1615 for 1.0821 support. A the rebound from 1.0517 should have completed at 1.1615 already. Break of 1.0821 will target 1.0461/0517 support zone.
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