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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 | Apr 24 15 13:02 GMT
The recovery from 1.0520 is still in progress and further rise could be seen. But overall outlook is unchanged. Price actions from 1.0461 are viewed as a consolidation pattern. As long as 1.1096 resistance holds, outlook stays bearish and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283. Nonetheless, break of 1.1096 will indicate near term reversal and will bring stronger rally back towards 1.1378 resistance.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 24 15 05:30 GMT
EUR/USD's recovery from 1.0520 is possibly resuming and stronger rise might be seen. But overall outlook is unchanged. Price actions from 1.0461 are viewed as a consolidation pattern. As long as 1.1096 resistance holds, outlook stays bearish and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283. Nonetheless, break of 1.1096 will indicate near term reversal and will bring stronger rally back towards 1.1378 resistance.
Read more...
 
EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 23 15 13:33 GMT
No change in EUR/USD's outlook in spite of the mild recovery today. Consolidation pattern from 1.0461 is still in progress and stronger rise cannot be ruled out. But near term outlook stays bearish as long as 1.1096 support turned resistance holds and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283.
Read more...
 
EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 23 15 05:34 GMT
Intraday bias in EUR/USD stays neutral for the moment. Consolidation pattern from 1.0461 is still in progress and stronger recovery cannot be ruled out. But near term outlook stays bearish as long as 1.1096 support turned resistance holds and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283.
Read more...
 
EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 22 15 14:18 GMT
Intraday bias in EUR/USD stays neutral for the moment. Consolidation pattern from 1.0461 is still in progress and stronger recovery cannot be ruled out. But near term outlook stays bearish as long as 1.1096 support turned resistance holds and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283.
Read more...
 
EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 22 15 05:18 GMT
Intraday bias in EUR/USD stays neutral for the moment. Consolidation pattern from 1.0461 is still in progress and stronger recovery cannot be ruled out. But near term outlook stays bearish as long as 1.1096 support turned resistance holds and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283
Read more...
 
EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 21 15 13:48 GMT
Intraday bias in EUR/USD stays neutral for the moment. Consolidation pattern from 1.0461 is still in progress and stronger recovery cannot be ruled out. But near term outlook stays bearish as long as 1.1096 support turned resistance holds and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283.
Read more...
 
EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 21 15 05:28 GMT
Intraday bias stays neutral for the moment. Consolidation pattern from 1.0461 is still in progress and stronger recovery cannot be ruled out. But near term outlook stays bearish as long as 1.1096 support turned resistance holds and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283.
Read more...
 
EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 20 15 13:45 GMT
EUR/USD dips mildly into early US session and intraday bias stays neutral for the moment. Consolidation pattern from 1.0461 is still in progress and stronger recovery cannot be ruled out. But near term outlook stays bearish as long as 1.1096 support turned resistance holds and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283.
Read more...
 
EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 20 15 08:58 GMT
Intraday bias in EUR/USD remains neutral for the moment. Consolidation pattern from 1.0461 is still in progress and stronger recovery could be seen. But near term outlook stays bearish as long as 1.1096 support turned resistance holds and downside breakout is expected. Below 1.0461 will extend larger down trend to next fibonacci level at 1.0283.
Read more...
 
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