Intraday bias in EUR/USD stays mildly on the upside at this point. Fall from 1.1848 could have completed as a three wave-correction at 1.1575/ Further rise would be seen to 1.1795 resistance. However, firm break of 1.1575 will extend the decline to retest 1.1408 low instead. In the bigger picture, the strong support from 38.2% […]
The post EUR/USD Daily Outlook appeared first on ActionForex.
Being early looks exactly like being wrong, right up until the moment it doesn’t. For the better part of a decade, the car business agreed on one idea with almost religious certainty. The future was Read more…
Intraday bias in USD/JPY remains neutral for the moment. Rise from 155.01 is seen as the second leg of the corrective pattern from 160.71. While another rally cannot be ruled out, strong resistance should be Read more…
Intraday bias in GBP/USD stays neutral as range trading continues. On the upside, above 1.3508 will extend the rebound from 1.3300 to 1.3657 resistance first. On the downside, below 1.3300 will bring deeper fall back Read more…