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EUR/USD Daily Outlook

Analytic Dave

May 7, 2026

Daily Pivots: (S1) 1.1674; (P) 1.1695; (R1) 1.1713; More…. EURUSD is staying in sideway trading and intraday bias remains neutral. With 1.1642 support intact, rise from 1.1408 is expected to continue. On the upside, firm break of 1.1848 will target 1.2081 high next. However, firm break of 1.1662 support will indicate the the rebound from […]

The post EUR/USD Daily Outlook appeared first on ActionForex.

Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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Q1: What is the best trading indicator?
A: Commonly used indicators include Moving Averages, RSI, MACD, and Bollinger Bands.

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