Technical Outlook – Action Forex

GBP/JPY Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 08:24:40 +0000

Daily Pivots: (S1) 145.23; (P) 145.84; (R1) 146.70; More… GBP/JPY is staying in consolidation below 148.87 and intraday bias remains neutral. On the downside, decisive break of 143.72 support will indicate near term reversal, after rejection by 149.48 key resistance. In that case, intraday bias will be turned to the downside for 141.00 support first. […]

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EUR/JPY Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 08:22:06 +0000

Daily Pivots: (S1) 124.31; (P) 124.67; (R1) 124.98; More…. Intraday bias in EUR/JPY remains neutral for consolidation above 123.82 temporary low. Some consolidations could be seen and further fall is expected with 125.68 minor resistance intact. On the downside, break of 123.82 will resume the fall from 127.50 to 61.8% retracement of 118.62 to 127.50 […]

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EUR/GBP Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 08:17:56 +0000

Daily Pivots: (S1) 0.8501; (P) 0.8549; (R1) 0.8578; More… EUR/GBP is staying in consolidation from 0.8474 and intraday bias remains neutral first. On the downside, break of 0.8474 low will resume recent down trend and target 0.8416 long term projection next. On the upside, though, break of 0.8722 will resume the rebound from 0.8474 to […]

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EUR/AUD Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 08:14:46 +0000

Daily Pivots: (S1) 1.5738; (P) 1.5833; (R1) 1.5887; More… EUR/AUD reached as low as 1.5780 but recovered since then. It’s also kept in range of 1.5721/6122. Intraday bias remains neutral first and more consolidation could still be seen. On the downside, break of 1.5721 low will resume the fall from 1.6765 and target 1.5346 support […]

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EUR/CHF Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 08:11:00 +0000

Daily Pivots: (S1) 1.1188; (P) 1.1217; (R1) 1.1235; More… EUR/CHF’s decline resumed after brief consolidation and intraday bias is back on the downside. Decisive break of 1.1173 low (inside 1.1154/98 key support zone) will carry larger bearish implication and could trigger downside acceleration. On the upside, though, break of 1.1256 minor resistance will turn bias […]

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EUR/USD Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 07:46:52 +0000

Daily Pivots: (S1) 1.1243; (P) 1.1284; (R1) 1.1308; More….. EUR/USD’s fall from 1.1448 resumed by breaking 1.1273 temporary low. Intraday bias is turned back to the downside fro retesting 1.1176 low. Decisive break there will resume whole decline from 1.2555. On the upside, however, break of 1.1331 minor resistance will turn bias back to the […]

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GBP/USD Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 07:43:02 +0000

Daily Pivots: (S1) 1.3155; (P) 1.3209; (R1) 1.3259; More…. GBP/USD is still bounded in consolidation from 1.3381 and intraday bias remains neutral. As long as 1.2960 support holds, further rally remains in favor. On the upside, firm break of 1.3381 will resume the rebound from 1.2391 to 61.8% retracement of 1.4376 to 1.2391 at 1.3618 […]

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USD/CHF Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 07:40:18 +0000

Daily Pivots: (S1) 0.9925; (P) 0.9939; (R1) 0.9960; More….. Intraday bias in USD/CHF remains neutral for the moment. Some more consolidations could be seen above 0.9879 temporary low. As long as 1.0010 minor resistance holds, further decline is mildly in favor. On the downside, below 0.9879 will resume the fall from 1.0124 to 0.9716 key […]

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USD/JPY Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 07:37:23 +0000

Daily Pivots: (S1) 110.14; (P) 110.42; (R1) 110.90; More… Intraday bias in USD/JPY remains neutral at this point. On the upside, break of 110.95 minor resistance will argue that the pull back from 112.13 has completed at 109.17. In this case, intraday bias will be turned back to the upside for retesting 112.13. On the […]

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USD/CAD Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 07:34:20 +0000

Daily Pivots: (S1) 1.3364; (P) 1.3389; (R1) 1.3407; More… Intraday bias in USD/CAD remains neutral for the moment. Further rise is expected with 1.3352 minor support intact. On the upside, firm break of 1.3467 resistance will reinforce the case that corrective pull back from 1.3664 has completed at 1.3068. USD/CAD should then target a test […]

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AUD/USD Daily Outlook

ActionForex.com — Wed, 27 Mar 2019 07:19:48 +0000

Daily Pivots: (S1) 0.7111; (P) 0.7130; (R1) 0.7152; More… AUD/USD’s rebound was limited below 0.7168 resistance and drops sharply today. But it’s staying above 0.7056 minor support so far. Intraday bias remains neutral at this point. On the downside, break of 0.7056 minor support will turn bias to the downside for 0.7003 first. Break will […]

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USD/JPY Mid-Day Outlook

ActionForex.com — Tue, 26 Mar 2019 14:01:24 +0000

Daily Pivots: (S1) 109.71; (P) 109.97; (R1) 110.23; More… USD/JPY rebounds strongly today but stays below 110.95 minor resistance. Intraday bias remains neutral and another fall is in favor. On the downside, below 109.71 will resume the fall from 112.13 to 38.2% retracement of 104.69 to 112.13 at 109.28. Break of 109.28 will target 61.8% […]

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USD/CHF Mid-Day Outlook

ActionForex.com — Tue, 26 Mar 2019 13:56:52 +0000

Daily Pivots: (S1) 0.9906; (P) 0.9928; (R1) 0.9947; More….. USD/CHF is staying in consolidation above 0.9879 temporary low. Intraday bias stays neutral for more consolidations. As long as 1.0010 minor resistance holds, further decline is mildly in favor. On the downside, below 0.9879 will resume the fall from 1.0124 to 0.9716 key support. Nevertheless, break […]

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GBP/USD Mid-Day Outlook

ActionForex.com — Tue, 26 Mar 2019 13:53:38 +0000

Daily Pivots: (S1) 1.3158; (P) 1.3202; (R1) 1.3244; More…. Intraday bias in GBP/USD remains neutral for consolidation inside range of 1.2960/3381. For now, as long as 1.2960 support holds, further rally remains in favor. On the upside, firm break of 1.3381 will resume the rebound from 1.2391 to 61.8% retracement of 1.4376 to 1.2391 at […]

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EUR/USD Mid-Day Outlook

ActionForex.com — Tue, 26 Mar 2019 13:28:00 +0000

Daily Pivots: (S1) 1.1292; (P) 1.1312; (R1) 1.1336; More….. Intraday bias in EUR/USD remains neutral for consolidation above 1.1273 temporary low. For now, another fall remains mildly in favor and break of 1.1273 will target a test on 1.1176 low. Decisive break there will resume whole decline from 1.2555. On the upside, above 1.1448 will […]

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GBP/JPY Daily Outlook

ActionForex.com — Tue, 26 Mar 2019 08:48:52 +0000

Daily Pivots: (S1) 144.59; (P) 145.19; (R1) 145.75; More… Intraday bias in GBP/JPY remains neutral for the moment as range trading continues. On the downside, decisive break of 143.72 support will indicate near term reversal, after rejection by 149.48 key resistance. In that case, intraday bias will be turned to the downside for 141.00 support […]

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EUR/JPY Daily Outlook

ActionForex.com — Tue, 26 Mar 2019 08:47:03 +0000

Daily Pivots: (S1) 123.90; (P) 124.36; (R1) 124.86; More…. A temporary low is in place at 123.82 in EUR/JPY and intraday bias is turned neutral first. Further decline is expected as long as 125.68 minor resistance holds. Prior break of 124.27 support indicates completion of rebound from 118.62. On the downside, below 123.82 will target […]

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EUR/GBP Daily Outlook

ActionForex.com — Tue, 26 Mar 2019 08:41:54 +0000

Daily Pivots: (S1) 0.8544; (P) 0.8571; (R1) 0.8599; More… Intraday bias in EUR/GBP remains neutral for consolidation above 0.8474 low. On the downside, break of 0.8474 low will resume recent down trend and target 0.8416 long term projection next. On the upside, though, break of 0.8722 will resume the rebound from 0.8474 to 0.8840 resistance […]

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EUR/AUD Daily Outlook

ActionForex.com — Tue, 26 Mar 2019 08:39:24 +0000

Daily Pivots: (S1) 1.5879; (P) 1.5931; (R1) 1.5959; More… EUR/AUD drops notably today but stays inside range of 1.5721/6122. Intraday bias remains neutral first and more consolidation could still be seen. On the downside, break of 1.5721 low will confirm this case and target 1.5346 support next. On the upside, though, break of 1.6122 will […]

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EUR/CHF Daily Outlook

ActionForex.com — Tue, 26 Mar 2019 08:36:57 +0000

Daily Pivots: (S1) 1.1209; (P) 1.1233; (R1) 1.1252; More… EUR/CHF lost downside momentum ahead of 1.1173 low (inside 1.1154/98 key support zone). Intraday bias is turned neutral first. Further decline is mildly in favor as long as 1.1298 minor resistance holds. Decisive break of 1.1154/98 will carry larger bearish implication. On the upside, above 1.1298 […]

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