Logo-color Logo-white

Daily Pivots: (S1) 1.6568; (P) 1.6612; (R1) 1.6646; More… EUR/AUD is staying in sideway trading and intraday bias remains neutral. Corrective pattern from 1.6800 could extend further. But strong support could be seen from 38.2% retracement of 1.5963 to 1.6800 at 1.6480 to bring rebound. Near term risk will stay mildly on the downside as […]

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

previous

USD/CAD Daily Outlook

next

EUR/GBP Daily Outlook

Read More

06/01/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9066; (P) 0.9098; (R1) 0.9117; More… Intraday bias in USD/CHF is turned neutral first with current retreat and some consolidations would be seen below 0.9136 temporary top. But outlook will remain bullish as long as 0.8956 resistance turned support holds. Above 0.9136 will resume the rally from 0.8374 to 0.9223 key resistance […]
24/08/2024

EUR/USD Weekly Outlook

EUR/USD’s rally continued last week and the strong break of 1.1138 resistance argues that larger up trend may be resuming. Initial bias is on the upside this week for t 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232, and then 1.1274 high. On the downside, below 1.1097 minor support will turn intraday bias […]
26/11/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9281; (P) 0.9313; (R1) 0.9334; More…. With break of 0.9294 minor support, rebound from 0.9204 could have completed after rejection by 55 4H EMA. Intraday bias is back on the downside for retesting 0.9204/9 support zone. Decisive break there will indicate larger down trend resumption. For now, outlook will stay bearish as […]