Logo-color Logo-white

AUD/USD edged lower to 0.6468 last week but turned sideway since then. Initial bias remains neutral this week for more consolidations. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 0.6621 resistance holds. Break of 0.6468 will resume the decline from 0.6870 to 61.8% projection of 0.6870 to 0.6524 from […]

The post AUD/USD Weekly Report appeared first on Action Forex.

previous

EUR/CHF Weekly Outlook

next

EUR/JPY Weekly Outlook

Read More

02/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8470; (P) 0.8491; (R1) 0.8520; More… No change in USD/CHF’s outlook and intraday bias stays neutral. More consolidations could be seen above 0.8399. Further decline is expected as long as 0.8540 resistance holds. Break of 0.8339 will target 61.8% projection of 0.9049 to 0.8431 from 0.8747 at 0.8365, and then 0.8332 low. […]
15/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.78; (P) 153.08; (R1) 153.58; More… Intraday bias in USD/JPY remains on the upside at this point. Current up trend is in progress for 155.20 fibonacci projection level next. On the downside, below 153.37 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. In the bigger […]
22/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9678; (P) 0.9733; (R1) 0.9803; More.. Intraday bias in EUR/CHF remains on the upside at this point. Sustained break of 61.8% retracement of 1.0095 to 0.9252 at 0.9773 will extend the rise from 0.9252 to 1.0095 key resistance next. On the downside, below 0.9664 minor support will turn intraday bias neutral and […]