Logo-color Logo-white

EUR/AUD’s fall from 1.6351 extended lower last week despite interim recovery. Initial bias stays mildly on the downside for retesting 1.6002 low. On the upside, however, break of 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 to 1.6002 at 1.6452. In the bigger picture, as long as 1.5996 cluster support holds (38.2% […]

The post EUR/AUD Weekly Outlook appeared first on Action Forex.

previous

USD/CHF Weekly Outlook

next

EUR/USD Weekly Outlook

Read More

18/11/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8857; (P) 0.8883; (R1) 0.8906; More… USD/CHF is extending consolidations below 0.8916 temporary top and intraday bias stays neutral. Outlook remains bullish as long as 0.8773 resistance turned support holds. On the upside, break of 0.8916 and sustained trading above 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way […]
23/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0782; (P) 1.0810; (R1) 1.0827; More… EUR/USD’s fall from 1.1213 resumed after brief consolidation and intraday bias is back on the downside. Next target is 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. On the upside above 1.0871 minor resistance will turn intraday bias […]
12/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.83; (P) 157.12; (R1) 157.43; More… No change in USD/JPY’s outlook as range trading continues. On the upside, break of 157.70 will resume the whole rise from 151.86 and target 160.20 high. Nevertheless, break of 154.53 will turn bias to the downside for 151.86 support and possibly below, as the third leg […]