Logo-color Logo-white

AUD/USD was still bounded in range trading below 0.6511 last week and outlook is unchanged. Initial bias remains neutral and further rally is expected with 0.6356 support intact. One the upside, break of 0.6511 will resume the rise from 0.5913 and target 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, firm break of 0.6356 […]

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

previous

USD/JPY Weekly Outlook

next

USD/CHF Daily Outlook

Read More

10/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6727; (P) 0.6738; (R1) 0.6751; More… Intraday bias in AUD/USD remains neutral for consolidations below 0.6760 temporary top. Outlook will stay bullish as long as 0.6619 support holds. On the upside, break of 0.6760 will resume the whole rally from 0.6361. Next target is 61.8% projection of 0.6361 to 0.6713 from 0.6619 […]
21/09/2024

GBP/JPY Weekly Outlook

GBP/JPY’s strong rebound last week suggests that fall from 193.45 has completed at 183.70 already. Rebound from there is seen as the third leg of the corrective pattern from 183.70. Initial bias stays on the upside this week for 193.45 resistance first. Firm break there will target 61.8% retracement of 208.09 to 180.00 at 197.35. […]
25/01/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9051; (P) 0.9080; (R1) 0.9103; More… Intraday bias in USD/CHF stays neutral for the moment. Further rally is in favor with 0.9007 support intact. Above 0.9107 minor resistance will turn bias back to the upside for retesting 0.9200 and 0.9223 key resistance. However, firm break of 0.9007 will turn bias back to […]