Logo-color Logo-white

Daily Pivots: (S1) 1.7202; (P) 1.7237; (R1) 1.7278; More… Intraday bias in EUR/AUD remains neutral for the moment as consolidations continue below 1.7417. Downside of retreat should be contained by 0.6990 support to bring rebound. On the upside, break of 1.7417 will resume rise from 1.6335 to 161.8% projection of 1.5963 to 1.6800 from 1.6355 […]

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

previous

USD/CHF Weekly Outlook

next

AUD/USD Daily Report

Read More

05/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2744; (P) 1.2756; (R1) 1.2772; More… GBP/USD’s rebound from 1.2612 is still in progress and intraday bias stays on the upside. Correction from 1.2859 should completed at 1.2612. Firm break of 1.2859 will resume rally from 1.2298. On the downside, though, below 1.2705 will dampen the immediate bullish case, and turn intraday […]
27/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3663; (P) 1.3685; (R1) 1.3725; More… Intraday bias in USD/CAD is turned neutral with current rebound. Outlook is unchanged that corrective pattern from 1.3845 is still extending. Below 1.3626 will target 1.3589 cluster support. Nevertheless, break of 1.3717 will turn bias back to the upside for 1.3790 resistance instead. In the bigger […]
15/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 203.83; (P) 205.09; (R1) 206.33; More… GBP/JPY’s correction from 208.09 short term top could extend lower. Below 203.82 will target 38.2% retracement of 191.34 to 208.09 at 201.69. Strong support is expected there to bring rebound, to set the range of consolidations below 208.09. However, sustained break of 201.69 will argue that […]