Key Highlights EUR/USD started a fresh decline below the 1.1000 support zone. A connecting bearish trend line is forming with resistance at 1.0945 on the 4-hour chart. GBP/USD extended losses and traded below the 1.3080 support. Gold started a consolidation phase near the $2,650 level. EUR/USD Technical Analysis The Euro started a fresh decline from […]
The post EUR/USD Dives To 1.0900: Can It Stage a Recovery? appeared first on Action Forex.
Daily Pivots: (S1) 1.3045; (P) 1.3064; (R1) 1.3089; More… Intraday bias in GBP/USD remains neutral for the moment. Fall from 1.3433 short term top could extend lower. But strong support should be seen from 1.3000 Read more…
Daily Pivots: (S1) 148.58; (P) 148.94; (R1) 149.46; More… Intraday bias in USD/JPY remains neutral for consolidations below 149.58 temporary top. Further rally is expected as long as 145.91 support holds. Above 149.58 will resume Read more…
Daily Pivots: (S1) 0.8557; (P) 0.8573; (R1) 0.8590; More… USD/CHF trades mildly higher in Asian session but stays below 0.8611 temporary top. Intraday bias remains neutral First. further rally is expected as long as 0.8529 Read more…