Logo-color Logo-white

Daily Pivots: (S1) 1.3218; (P) 1.3304; (R1) 1.3370; More… Intraday bias in GBP/USD remains neutral for the moment. Another rally is still in favor as long as 1.3265 resistance turned support holds. Above 1.3433 will resume the rise from 1.2298. However, firm break of 1.3265 will confirm short term topping, and turn bias back to […]

The post GBP/USD Daily Outlook appeared first on Action Forex.

previous

EUR/CHF Daily Outlook

next

AUD/USD Daily Report

Read More

31/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6541; (P) 0.6568; (R1) 0.6600; More… A temporary low was formed at 0.6536 with current recovery and intraday bias is turned neutral first. Further decline is expected as long as 55 D EMA (now at 0.6700) holds. On the downside, sustained break of 61.8% retracement of 0.6269 to 0.6941 at 0.6526 will […]
22/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3487; (P) 1.3512; (R1) 1.3529; More… Range trading continues in USD/CAD and intraday bias stays neutral. More consolidations could be seen, but further rally is expected as long as 1.3357 support holds. On the upside, firm break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. In the bigger picture, […]
23/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3446; (P) 1.3477; (R1) 1.3514; More… Intraday bias in USD/CAD remains neutral as range trading continues inside 1.3357/3585. With 1.3357 support intact, further rally is expected. On the upside, firm break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. However, break of 1.3357 will argue that the rebound from […]