EURUSD is tiptoeing around more than five-year low levels and the pair’s efforts to improve seem to be to no avail, leaving no fingerprint of clear gains as the bearish bias overwhelms. That said, the falling simple moving averages (SMAs) are endorsing the downward trajectory in the pair. Currently, the downward sloping Ichimoku lines are […]
The post EURUSD Buyers Struggle to Make Advances appeared first on Action Forex.
Daily Pivots: (S1) 0.8616; (P) 0.8628; (R1) 0.8639; More… Intraday bias in EUR/GBP remains on the downside at this point. Firm break of 0.8611 will resume the whole decline from 0.8863, and target 100% projection Read more…
Daily Pivots: (S1) 1.6176; (P) 1.6228; (R1) 1.6319; More… A temporary low is in place at 1.6125 with current recovery, and intraday bias is turned neutral in EUR/AUD first. Still, outlook will remain bearish as Read more…
Daily Pivots: (S1) 0.9025; (P) 0.9039; (R1) 0.9064; More…. EUR/CHF is extending consolidations pattern from 0.8979 and intraday bias stays neutral. Near term outlook remains bearish with 0.9149 resistance intact. On the downside, below 0.8979 Read more…