Daily Pivots: (S1) 1.6001; (P) 1.6046; (R1) 1.6089; More… Intraday bias in EUR/AUD Remains neutral for the moment. Strong rebound from 1.5996 support, followed by 1.6184 minor resistance, will indicate short term bottoming. Intraday bias will be turned back to the upside for stronger rebound. However, decisive break of 1.5996 will carry larger bearish implications. […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.
UK PMI Services was finalized at 52.4 in September, down from August’s 53.7, while PMI Composite declined to 52.6 from 53.8. Despite the slight slowdown, the UK economy remains in positive territory, supported by improving Read more…
Eurozone PMI Services was finalized at 51.4 in September, down from August’s 52.9. PMI Composite fell to 49.6 from 51.0, both hitting 7-month lows. This marks the first month since December 2023 that all of Read more…
NZDUSD pulls back from its 15-month top Stochastic tumbles to oversold region RSI falls near 50 level NZDUSD lost more than 2% following the pullback from the 15-month high of 0.6380, flirting with the short-term Read more…