Logo-color Logo-white

Daily Pivots: (S1) 0.6532; (P) 0.6546; (R1) 0.6559; More… AUD/USD’s break of 0.6524 resistance turned support suggests that rebound from 0.6439 has completed at 0.6616. Intraday bias is back on the downside for deeper fall to 0.6349, or even further to 0.6413 cluster support (38.2% retracement of 0.5913 to 0.6706 at 0.6403). Strong support should […]

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

previous

EUR/USD Mid-Day Outlook

next

EUR/USD Daily Outlook

Read More

09/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6631; (P) 0.6699; (R1) 0.6738; More… Intraday bias in AUD/USD remains mildly on the downside at this point. Fall from 0.6823 short term top would target 38.2% retracement of 0.6348 to 0.6823 at 0.6642. Break will target 61.8% retracement at 0.6529. On the upside, though, above 0.6766 resistance will bring retest of […]
09/02/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.35; (P) 148.91; (R1) 149.89; More… USD/JPY’s rally from 140.25 is still in progress and intraday bias stays on the upside. Further rally would be seen to retest 151.89/93 key resistance zone. Decisive break there will confirm resumption of larger up trend. On the downside, below 147.62 minor support will turn intraday […]
28/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1050; (P) 1.1086; (R1) 1.1144; More… Intraday bias in EUR/USD remains on the upside at this point. Current rally from 1.0447 is in progress for retesting 1.1274 high. Strong resistance should be seen from there to limit upside, at least on first attempt. On the downside, below 1.1027 minor support will turn […]