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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 | Mar 01 17 13:22 GMT
EUR/USD drops sharply today but stays above 1.0493 so far. Intraday bias remains neutral with bearish outlook. With 1.0678 minor resistance intact, deeper decline is still expected. We're viewing fall from 1.0828 as resuming the larger down trend. Below 1.0493 will target 1.0339 low first. Break will confirm our bearish view and target parity. However, break of 1.0678 will dampen our view and turn focus back to 1.0828 resistance instead.
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EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Mar 01 17 06:53 GMT
EUR/USD dips mildly today but stays above 1.0493 temporary low so far. Intraday bias remains neutral for the moment. With 1.0678 minor resistance intact, deeper decline is still expected. We're viewing fall from 1.0828 as resuming the larger down trend. Below 1.0493 will target 1.0339 low first. Break will confirm our bearish view and target parity. However, break of 1.0678 will dampen our view and turn focus back to 1.0828 resistance instead.
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EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Feb 28 17 13:50 GMT
Intraday bias in EUR/USD strays neutral as consolidation from 1.0493 temporary low continues. With 1.0678 minor resistance intact, deeper decline is still expected. We're viewing fall from 1.0828 as resuming the larger down trend. Below 1.0493 will target 1.0339 low first. Break will confirm our bearish view and target parity. However, break of 1.0678 will dampen our view and turn focus back to 1.0828 resistance instead.
Read more...
 
EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Feb 28 17 06:24 GMT
Intraday bias in EUR/USD strays neutral as consolidation from 1.0493 temporary low continues. With 1.0678 minor resistance intact, deeper decline is still expected. We're viewing fall from 1.0828 as resuming the larger down trend. Below 1.0493 will target 1.0339 low first. Break will confirm our bearish view and target parity. However, break of 1.0678 will dampen our view and turn focus back to 1.0828 resistance instead.
Read more...
 
EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Feb 27 17 14:14 GMT
EUR/USD continues to consolidate above 1.0493 temporary low and intraday bias stays neutral first. With 1.0678 minor resistance intact, deeper decline is still expected. We're viewing fall from 1.0828 as resuming the larger down trend. Below 1.0493 will target 1.0339 low first. Break will confirm our bearish view and target parity. However, break of 1.0678 will dampen our view and turn focus back to 1.0828 resistance instead.
Read more...
 
EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Feb 27 17 04:27 GMT
Intraday bias in EUR/USD remains neutral for the moment. With 1.0678 minor resistance intact, deeper decline is still expected. We're viewing fall from 1.0828 as resuming the larger down trend. Below 1.0493 will target 1.0339 low first. Break will confirm our bearish view and target parity. However, break of 1.0678 will dampen our view and turn focus back to 1.0828 resistance instead.
Read more...
 
EUR/USD Weekly Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Feb 25 17 09:08 GMT
EUR/USD dipped to 1.0493 last week but quickly recovered. Initial bias remains neutral this week first. Though, with 1.0713 minor resistance intact, deeper decline is still expected. We're viewing fall from 1.0828 as resuming the larger down trend. Below 1.0493 will target 1.0339 low first. Break will confirm our bearish view and target parity. However, break of 1.0678 will dampen our view and turn focus back to 1.0828 resistance instead.
Read more...
 
EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Feb 24 17 07:30 GMT
EUR/USD's recovery from 1.0493 temporary low continues today but stays below 1.0678 resistance. Intraday bias stays neutral first with a mild bearish outlook. We're viewing fall from 1.0828 as resuming the larger down trend. Below 1.0493 will target 1.0339 low first. Break will confirm our bearish view and target parity. However, break of 1.0678 will dampen our view and turn focus back to 1.0828 resistance instead.
Read more...
 
EUR/USD Mid-Day Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Feb 23 17 14:23 GMT
Intraday bias in EUR/USD is turned neutral again on recovery from 1.0493. 4 hour MACD also turned above signal line. Nonetheless, with 1.0678 minor resistance intact, deeper decline is expected. We're viewing fall from 1.0828 as resuming the larger down trend. Below 1.0493 will target 1.0339 low first. Break will confirm our bearish view and target parity. However, break of 1.0678 will dampen our view and turn focus back to 1.0828 resistance instead.
Read more...
 
EUR/USD Daily Outlook Print E-mail
EURUSD Outlook | Written by ActionForex.com | Feb 23 17 07:19 GMT
Intraday bias in EUR/USD remains mildly on the downside for the moment. Fall from 1.0828 has just resumed. Such decline is seen as resuming the larger down trend. Further fall should be seen to retest 1.0339 low first. Break will confirm our bearish view and target parity. On the downside, break of 1.0678 is needed to confirm completion of fall from 1.0828. Otherwise, outlook will remain mildly bearish in case of recovery.
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