Logo-color Logo-white

Daily Pivots: (S1) 1.6510; (P) 1.6559; (R1) 1.6640; More… EUR/AUD rebounded strongly, but stays in range below 1.6671 and intraday bias remains neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 […]

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

previous

GBP/JPY Daily Outlook

next

GBP/JPY Daily Outlook

Read More

15/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 140.92; (P) 141.92; (R1) 142.87; More… USD/JPY’s fall is still in progress and intraday bias stays on the downside. Current decline from 151.89 should target next fibonacci level at 136.63. On the upside, above 142.91 minor resistance will turn intraday bias neutral first. But recovery should be limited well below 146.58 resistance […]
27/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0809; (P) 1.0824; (R1) 1.0836; More… Intraday bias in EUR/USD remains neutral at this point. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now at 1.0831) will affirm the case that fall from 1.1138 has completed. Stronger rally would then be seen back to 1.1138. . However, […]
22/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8666; (P) 0.8685; (R1) 0.8700; More…. Outlook in USD/CHF remains unchanged, with focus on 38.2% retracement of 0.9243 to 0.8332 at 0.8680, which coincides 55 D EMA (now at 0.8687). Decisive break there will turn near term outlook bullish for 61.8% retracement 0.8995. Nevertheless, break of 0.8565 minor support will turn intraday […]