...

EUR/USD Daily Outlook – Action Forex


Daily Pivots: (S1) 1.0628; (P) 1.0783; (R1) 1.0885; More

Intraday bias in EUR/USD remains neutral for consolidations above 1.0681 temporary low. Further decline is expected as long as 1.0936 resistance holds. On the downside, sustained break of 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656 will pave the way to 100% projection at 1.0483.

EUR/USD Daily Outlook – Action Forex

In the bigger picture, price actions from 1.1274 (2023 high) are seen as a consolidation pattern to up trend from 0.9534 (2022 low), with fall from 1.1213 as the third leg. Downside should be contained by 50% retracement of 0.9534 (2022 low) to 1.1274 at 1.0404, to bring up trend resumption at a later stage.

Source link

#EURUSD #Daily #Outlook #Action #Forex

top altcoins, Ethereum alternatives, new cryptocurrencies crypto trading bots, automated trading strategies, AI in cryptocurrency Bitcoin mining, Ethereum mining, best crypto mining hardware Bitcoin news, cryptocurrency latest news, blockchain updates best crypto wallets, secure Bitcoin wallets, multi-currency wallets reviews blockchain technology, fintech innovations, decentralized finance (DeFi) crypto market analysis, Bitcoin price prediction, Ethereum forecast cryptocurrency predictions, Bitcoin price forecast, crypto trends 2024, crypto trends 2025 live Bitcoin prices, crypto price updates, Ethereum price report how to trade cryptocurrency, crypto trading strategies, beginner crypto trading
Welcome to “Cryptocurrency Trading,” your comprehensive destination for the latest news and analysis in the world of **cryptocurrencies** and **currency trading**. We provide rich content focused on **market analysis**, **trading strategies**, and **emerging technologies** that impact the **cryptocurrency market**. Join us to discover the **best investment opportunities** in **Bitcoin**, **Ethereum**, and other leading cryptocurrencies. Our goal is to equip you with the information you need to enhance your trading skills and achieve success in the world of **investment**. Follow us for continuously updated content that supports you in making informed decisions.