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EUR/USD Mid-Day Outlook

Analytic Dave

May 5, 2026

Daily Pivots: (S1) 1.1696; (P) 1.1741; (R1) 1.1767; More…. Sideway trading continues in EUR/USD and intraday bias remains neutral. Rise from 1.1408 is expected to continue as long as 1.1642 support holds. Firm break of 1.1848 will target 1.2081 high next. However, firm break of 1.1662 support will indicate the the rebound from 1.1408 has […]

The post EUR/USD Mid-Day 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.

Q2: Can I rely solely on indicators?
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