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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 Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 17 14 09:06 GMT
Intraday bias in EUR/USD stays neutral as the consolidation from 1.3905 temporary top continues. We'd holding on to the bullish view that rise from 1.3673 is resuming the larger rally from 1.2755. Above 1.3905 will target 1.3966 first. Break will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. However, break of 1.3779 minor support will dampen this bullish view and turn bias back to the downside for 1.3673 support instead.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 16 14 13:05 GMT
Intraday bias in EUR?USD stays neutral as the consolidation from 1.3905 temporary top continues. We'd holding on to the bullish view that rise from 1.3673 is resuming the larger rally from 1.2755. Above 1.3905 will target 1.3966 first. Break will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. However, break of 1.3779 minor support will dampen this bullish view and turn bias back to the downside for 1.3673 support instead.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 16 14 04:32 GMT
Intraday bias stays neutral as the consolidation from 1.3905 temporary top continues. We'd holding on to the bullish view that rise from 1.3673 is resuming the larger rally from 1.2755. Above 1.3905 will target 1.3966 first. Break will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. However, break of 1.3779 minor support will dampen this bullish view and turn bias back to the downside for 1.3673 support instead.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 15 14 13:45 GMT
Intraday bias stays neutral as the consolidation from 1.3905 temporary top continues. We'd holding on to the bullish view that rise from 1.3673 is resuming the larger rally from 1.2755. Above 1.3905 will target 1.3966 first. Break will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. However, break of 1.3779 minor support will dampen this bullish view and turn bias back to the downside for 1.3673 support instead.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 15 14 04:35 GMT
The consolidation from 1.3905 temporary top is still in progress and intraday bias stays neutral. We'd holding on to the bullish view that rise from 1.3673 is resuming the larger rally from 1.2755. Above 1.3905 will target 1.3966 first. Break will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. However, break of 1.3779 minor support will dampen this bullish view and turn bias back to the downside for 1.3673 support instead.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 14 14 13:05 GMT
The retreat from 1.3905 temporary top continues and intraday bias remains neutral. We'd holding on to the bullish view that rise from 1.3673 is resuming the larger rally from 1.2755. Above 1.3905 will target 1.3966 first. Break will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. However, break of 1.3779 minor support will dampen this bullish view and turn bias back to the downside for 1.3673 support instead.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 14 14 08:28 GMT
A temporary top is in place at 1.3905 and intraday bias is turned neutral first. We're expecting the whole rally from 1.2755 to resume later and above 1.3905 will target 1.3966 first. . Break will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. Outlook will stay cautiously bullish as long as 1.3673 support holds.
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EUR/USD Weekly Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 12 14 03:57 GMT
EUR/USD's rebound from 1.3673 extended higher last week and the development suggests that pull back from 1.3966 has completed already. More importantly, larger rally from 1.2755 is still in progress and is about to resume. Initial bias remains on the upside this week for 1.3966 first. Break will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. On the downside, below 1.3835 minor support will turn bias neutral and bring consolidations. But outlook will stay bullish as long as 1.3673 support holds.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 11 14 13:07 GMT
Intraday bias in EUR/USD remains mildly on the upside for 1.3966 resistance. Whole rise from 1.2755 should be resuming and break of 1.3966 will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. On the downside, below 1.3835 minor support will turn bias neutral and bring consolidations. But outlook will stay bullish as long as 1.3673 support holds.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Apr 11 14 03:49 GMT
EUR/USD's rise from 1.3673 is still in progress and intraday bias remains on the upside for 1.3966 resistance. Whole rise from 1.2755 should be resuming and break of 1.3966 will target 100% projection of 1.3476 to 1.3966 from 1.3673 at 1.4163. On the downside, below 1.3835 minor support will turn bias neutral and bring consolidations. But outlook will stay bullish as long as 1.3673 support holds.
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