Logo-color Logo-white

Daily Pivots: (S1) 0.6497; (P) 0.6515; (R1) 0.6540; More… Intraday bias in AUD/USD is mildly on the upside with breach of 0.6536 resistance. Rise from 0.5913 could be resuming for 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, considering bearish divergence condition in 4H MACD, break of 0.6478 support will turn bias back to […]

The post AUD/USD Mid-Day Report appeared first on Action Forex.

previous

EUR/USD Mid-Day Outlook

next

GBP/USD Daily Outlook

Read More

07/01/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.61; (P) 157.28; (R1) 158.33; More… Intraday bias in USD/JPY is back on the upside with breach of 158.06. Current rally from 139.57 is resuming to 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25. Firm break there will target 161.94 high. However, break of 156.01 support will indicate short term […]
27/05/2025

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8386; (P) 0.8397; (R1) 0.8407; More… Intraday bias in EUR/GBP remains on the downside at this point. Decline from 0.8737 should target 0.8314 support first, and then 0.8239 low. On the upside, above 0.8458 resistance should indicate short term bottoming, likely with bullish convergence condition in 4H MACD, and turn bias back […]
10/12/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8763; (P) 0.8784; (R1) 0.8808; More… Outlook in USD/CHF remains unchanged for now. Corrective fall from 0.8956 could have completed at 0.8735 after hitting 55 D EMA. Further rally is in favor to retest 0.8956 high first. However, considering head and shoulder top pattern, firm break of the EMA will argue that […]