EURUSD returns to positive trend after Powell confirms dovish policy adjustment Technical signals reflect weakening positive bias; next resistance could be at 1.1240-1.1274 EURUSD has had a great August so far, rising sharply from 1.0776 to nearly 1.1200 to mark its best monthly performance since November 2022. The pair violated a bearish engulfing candlestick pattern […]
The post EURUSD Eyes 2023 Top After Quick Rally appeared first on Action Forex.
Daily Pivots: (S1) 0.8322; (P) 0.8341; (R1) 0.8371; More… Intraday bias in EUR/GBP stays neutral for the moment and outlook remains bearish 0.8446 resistance holds. On the downside, below 0.8306 minor support will turn bias Read more…
Daily Pivots: (S1) 1.6283; (P) 1.6319; (R1) 1.6342; More… Intraday bias in EUR/AUD remains neutral as consolidations continue above 1.6161. Further fall is expected with 1.6598 resistance intact. On the downside, below 1.6161 will target Read more…
Daily Pivots: (S1) 161.65; (P) 163.34; (R1) 164.37; More…. Intraday bias in EUR/JPY stays on the downside despite today’s weak recovery. Prior break of 55 D EMA (now at 163.39) argues that corrective rebound from Read more…