Key Highlights EUR/USD started a consolidation phase below the 1.0900 resistance. A major bullish trend line is forming with support at 1.0820 on the 4-hour chart. Gold prices are still consolidating above the $2,320 support zone. GBP/USD might continue to rise unless there is a close below 1.2650. EUR/USD Technical Analysis The Euro remained in […]
The post EUR/USD Eyes More Gains Above 1.0900, Bulls In Control appeared first on Action Forex.
Daily Pivots: (S1) 1.2684; (P) 1.2731; (R1) 1.2789; More… Intraday bias in GBP/USD remains on the upside for retesting 1.2859 high. Correction from there should have completed at 1.2612. Firm break of 1.2859 will resume Read more…
Daily Pivots: (S1) 0.8982; (P) 0.9019; (R1) 0.9051; More… Intraday bias in USD/CHF remains neutral for the moment. Further rise is mildly in favor as long as 0.8956 support holds. Above 0.9049 will affirm the Read more…
Daily Pivots: (S1) 1.3610; (P) 1.3648; (R1) 1.3679; More… While USD/CAD declines notably, there is no change in the outlook as consolidation from 1.3845 is in progress, and could extend further. Downside should be contained Read more…