Technical Outlook – Action Forex https://www.actionforex.com Live Forex Analysis, Currency Rates, Economic Calendar, Technical Forecast, Fundamental News, Free Trading Signals. Best. USD Dollar, EUR Euro, JPY Yen, GBP Pound, CHF Swiss Franc, CAD Canadian Dollar, AUD Australian Dollar, NZD New Zealand Dollar Mon, 10 Dec 2018 04:53:25 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 GBP/USD Daily Outlook https://www.actionforex.com/technical-outlook/gbpusd-outlook/156019-gbp-usd-daily-outlook-501/ https://www.actionforex.com/technical-outlook/gbpusd-outlook/156019-gbp-usd-daily-outlook-501/#respond Mon, 10 Dec 2018 04:53:25 +0000 https://www.actionforex.com/?p=156019 Daily Pivots: (S1) 1.2693; (P) 1.2749; (R1) 1.2787; More… GBP/USD continues to stay in tight range above 1.2658 temporary low and intraday bias remains neutral first. On the downside, sustained break of 1.2661 key support will resume larger down trend from 1.4376. Next target will be 1.1946. On the upside, break of 1.2927 will extend […]

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EUR/USD Weekly Outlook https://www.actionforex.com/technical-outlook/eurusd-outlook/155938-eur-usd-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/eurusd-outlook/155938-eur-usd-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:57:10 +0000 https://www.actionforex.com/?p=155938 EUR/USD was bounded in range of 1.1267/1472 last week and outlook is unchanged. Initial bias stays neutral this week first. As long as 1.1472 resistance holds, deeper decline is expected in the pair. On the downside, break of 1.1267 will target 1.1215 low first. Firm break there will resume larger down trend from 1.2555 for […]

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USD/JPY Weekly Outlook https://www.actionforex.com/technical-outlook/usdjpy-outlook/155932-usd-jpy-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/usdjpy-outlook/155932-usd-jpy-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:53:00 +0000 https://www.actionforex.com/?p=155932 USD/JPY dropped to 112.23 last week but recovered since then. Initial bias is neutral this week first. As long as 113.24 minor resistance holds, another fall is mildly in favor. On the downside, break of 112.23 will target 111.37 and possibly below. But still, price actions from 114.54 are seen as a consolidation pattern. Hence, […]

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GBP/USD Weekly Outlook https://www.actionforex.com/technical-outlook/gbpusd-outlook/155926-gbp-usd-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/gbpusd-outlook/155926-gbp-usd-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:49:43 +0000 https://www.actionforex.com/?p=155926 GBP/USD dipped to 1.2658 last week but failed to break through 1.2661 key support, and turned sideway. Initial bias remains neutral this week first. On the downside, sustained break of 1.2661 low will resume larger down trend from 1.4376. Next target will be 1.1946. On the upside, break of 1.2927 will extend the consolidation from […]

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USD/CHF Weekly Outlook https://www.actionforex.com/technical-outlook/usdchf-outlook/155920-usd-chf-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/usdchf-outlook/155920-usd-chf-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:45:33 +0000 https://www.actionforex.com/?p=155920 USD/CHF’s fall from 1.0128 resumed last week by taking out 0.9908 support. Initial bias stays on the downside this week for 0.9848 support first. Break there will confirm near term reversal and target 61.8% retracement of 0.9541 to 1.0128 at 0.9765. On the upside, break of 1.0008 resistance is needed to indicate short term bottoming. […]

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AUD/USD Weekly Outlook https://www.actionforex.com/technical-outlook/audusd-outlook/155914-aud-usd-weekly-outlook-96/ https://www.actionforex.com/technical-outlook/audusd-outlook/155914-aud-usd-weekly-outlook-96/#respond Sat, 08 Dec 2018 15:40:38 +0000 https://www.actionforex.com/?p=155914 AUD/USD edged higher to 0.7393 last week but reversed from there. Initial bias stays on the downside this week with focus on 0.7199 support. Decisive break there will suggest that the corrective rebound from 0.7020 has completed earlier than expected. Deeper fall should then be seen back to retest 0.7020 low. On the upside, above […]

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USD/CAD Weekly Outlook https://www.actionforex.com/technical-outlook/usdcad-outlook/155908-usd-cad-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/usdcad-outlook/155908-usd-cad-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:36:09 +0000 https://www.actionforex.com/?p=155908 USD/CAD rose to 1.3444 last week but failed to sustain above 1.3385 resistance and retreated sharply. Initial bias is neutral this week first. Near term outlook will remain cautiously bullish as long as 1.3160 support holds. On the upside, break of 1.3444 will turn bias back to the upside. Larger rally from 1.2061 should target […]

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GBP/JPY Weekly Outlook https://www.actionforex.com/technical-outlook/gbpjpy-outlook/155902-gbp-jpy-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/gbpjpy-outlook/155902-gbp-jpy-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:24:20 +0000 https://www.actionforex.com/?p=155902 GBP/JPY dropped to 142.83 last week but formed a temporary low ahead of 142.76. Initial bias is neutral this week first. Some consolidation could be seen. But near term outlook remains cautiously bearish as long as 145.83 resistance holds. On the downside, firm break of 142.76 will pave the way to 139.29/47 key support zone. […]

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EUR/JPY Weekly Outlook https://www.actionforex.com/technical-outlook/eurjpy-outlook/155896-eur-jpy-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/eurjpy-outlook/155896-eur-jpy-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:20:23 +0000 https://www.actionforex.com/?p=155896 EUR/JPY stayed in range of 127.49/129.29 last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break of 127.49 will target 126.63 support first. Break there will then resume the whole decline from 133.12 to 124.08/89 support zone. And, even in case of recovery, outlook will stay bearish as […]

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EUR/GBP Weekly Outlook https://www.actionforex.com/technical-outlook/eurgbp-outlook/155890-eur-gbp-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/eurgbp-outlook/155890-eur-gbp-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:17:00 +0000 https://www.actionforex.com/?p=155890 EUR/GBP’s late break of 0.8939 resistance suggests that fall from 0.9098 has completed at 0.8655 already. Initial bias is now on the upside this week for 0.9098 first. Sustained break will target 0.9304 key resistance next. On the downside, break of 0.8876 minor support will mix up near term outlook and turn intraday bias neutral […]

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EUR/AUD Weekly Outlook https://www.actionforex.com/technical-outlook/euraud-outlook/155888-eur-aud-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/euraud-outlook/155888-eur-aud-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:10:40 +0000 https://www.actionforex.com/?p=155888 EUR/AUD rebounded strongly to as high as 1.5845 last week. The break of 1.5781 resistance argues that decline from 1.6357 has completed much earlier than expected. Initial bias is turned back to the upside for 1.5984 support turned resistance first. Break will bring retest of 1.6357 high. On the downside, break of 1.5706 minor support […]

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EUR/CHF Weekly Outlook https://www.actionforex.com/technical-outlook/eurchf-outlook/155882-eur-chf-weekly-outlook-97/ https://www.actionforex.com/technical-outlook/eurchf-outlook/155882-eur-chf-weekly-outlook-97/#respond Sat, 08 Dec 2018 15:09:54 +0000 https://www.actionforex.com/?p=155882 EUR/CHF’s decline last week suggests that recovery from 1.1260 has completed 1.1356 already. Initial bias remains on the downside this week for 1.1260 support first. Break will resume the whole decline from 1.1501 and target 1.1173 low. On the upside, break of 1.1356 resistance is needed to indicate short term bottoming. Otherwise, near term outlook […]

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EUR/USD Mid-Day Outlook https://www.actionforex.com/technical-outlook/eurusd-outlook/155748-eur-usd-mid-day-outlook-481/ https://www.actionforex.com/technical-outlook/eurusd-outlook/155748-eur-usd-mid-day-outlook-481/#respond Fri, 07 Dec 2018 14:36:23 +0000 https://www.actionforex.com/?p=155748 Daily Pivots: (S1) 1.1328; (P) 1.1371; (R1) 1.1420; More….. Intraday bias in EUR/USD remains neutral as it’s staying in range of 1.1267/1472. As long as 1.1472 resistance holds, deeper decline is expected in the pair. On the downside, break of 1.1267 will target 1.1215 low first. Firm break there will resume larger down trend from […]

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GBP/USD Mid-Day Outlook https://www.actionforex.com/technical-outlook/gbpusd-outlook/155744-gbp-usd-mid-day-outlook-476/ https://www.actionforex.com/technical-outlook/gbpusd-outlook/155744-gbp-usd-mid-day-outlook-476/#respond Fri, 07 Dec 2018 14:33:23 +0000 https://www.actionforex.com/?p=155744 Daily Pivots: (S1) 1.2718; (P) 1.2765; (R1) 1.2831; More… No change in GBP/USD’s outlook and intraday bias stays neutral. On the downside, sustained break of 1.2661 low will resume larger down trend from 1.4376. Next target will be 1.1946. On the upside, break of 1.2927 will extend the consolidation from 1.26661 with another rise. But […]

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USD/CHF Mid-Day Outlook https://www.actionforex.com/technical-outlook/usdchf-outlook/155740-usd-chf-mid-day-outlook-478/ https://www.actionforex.com/technical-outlook/usdchf-outlook/155740-usd-chf-mid-day-outlook-478/#respond Fri, 07 Dec 2018 14:30:09 +0000 https://www.actionforex.com/?p=155740 Daily Pivots: (S1) 0.9886; (P) 0.9938; (R1) 0.9981; More… Intraday bias in USD/CHF remains mildly on the downside for the 0.9848 support. Firm break there will confirm near term reversal and target target 61.8% retracement of 0.9541 to 1.0128 at 0.9765. On the upside, though, break of 1.0008 resistance will indicate that the pull back […]

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USD/JPY Mid-Day Outlook https://www.actionforex.com/technical-outlook/usdjpy-outlook/155736-usd-jpy-mid-day-outlook-477/ https://www.actionforex.com/technical-outlook/usdjpy-outlook/155736-usd-jpy-mid-day-outlook-477/#respond Fri, 07 Dec 2018 14:27:28 +0000 https://www.actionforex.com/?p=155736 Daily Pivots: (S1) 112.19; (P) 112.71; (R1) 113.19; More.. Intraday bias in USD/JPY remains neutral for the moment. With 113.24 minor resistance holds, deeper decline is still expected. On the downside, break of 112.23 will target 111.37 and possibly below. But still, price actions from 114.54 are seen as a consolidation pattern. Hence, even in […]

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USD/CAD Mid-Day Outlook https://www.actionforex.com/technical-outlook/usdcad-outlook/155730-usd-cad-mid-day-outlook-71/ https://www.actionforex.com/technical-outlook/usdcad-outlook/155730-usd-cad-mid-day-outlook-71/#respond Fri, 07 Dec 2018 14:07:56 +0000 https://www.actionforex.com/?p=155730 Daily Pivots: (S1) 1.3343; (P) 1.3394; (R1) 1.3433; More… USD/CAD drops sharply in early US session as the pull back from 1.3444 accelerates, after failing to sustained above 1.3385 key resistance. But at this point, USD/CAD is held well above 1.3160 support. Thus, there is no indication of near term bearish reversal yet. Intraday bias […]

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GBP/JPY Daily Outlook https://www.actionforex.com/technical-outlook/gbpjpy-outlook/155546-gbp-jpy-daily-outlook-493/ https://www.actionforex.com/technical-outlook/gbpjpy-outlook/155546-gbp-jpy-daily-outlook-493/#respond Fri, 07 Dec 2018 07:58:21 +0000 https://www.actionforex.com/?p=155546 Daily Pivots: (S1) 143.45; (P) 143.84; (R1) 144.43; More… Intraday bias in GBP/JPY is turned neutral with a temporary low formed at 142.83, already of 142.76 support. Some consolidation could be seen. But near term outlook remains cautiously bearish as long as 145.83 resistance holds. On the downside, firm break of 142.76 will pave the […]

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EUR/JPY Daily Outlook https://www.actionforex.com/technical-outlook/eurjpy-outlook/155535-eur-jpy-daily-outlook-493/ https://www.actionforex.com/technical-outlook/eurjpy-outlook/155535-eur-jpy-daily-outlook-493/#respond Fri, 07 Dec 2018 07:50:58 +0000 https://www.actionforex.com/?p=155535 Daily Pivots: (S1) 127.75; (P) 128.11; (R1) 128.55; More…. EUR/JPY recover ahead of 127.49 minor support and intraday bias is turned neutral. Break of 127.49 will target 126.63 support first. Break there will then resume the whole decline from 133.12 to 124.08/89 support zone. And, even in case of recovery, outlook will stay bearish as […]

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EUR/GBP Daily Outlook https://www.actionforex.com/technical-outlook/eurgbp-outlook/155518-eur-gbp-daily-outlook-494/ https://www.actionforex.com/technical-outlook/eurgbp-outlook/155518-eur-gbp-daily-outlook-494/#respond Fri, 07 Dec 2018 07:40:33 +0000 https://www.actionforex.com/?p=155518 Daily Pivots: (S1) 0.8881; (P) 0.8905; (R1) 0.8924; More… Intraday bias in EUR/GBP remains neutral with focus on 0.8939 resistance. On the upside, firm break of 0.8939 resistance will confirm completion of the fall from 0.9098 and turn outlook bullish for this resistance. On the downside, below 0.8810 will turn bias to the downside for […]

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