Logo-color Logo-white

Daily Pivots: (S1) 1.7584; (P) 1.7641; (R1) 1.7685; More… Intraday bias in EUR/AUD remains neutral first. On the downside, firm break of 1.7569 support will solidify the case that corrective pattern from 1.8554 is already in the third leg. Deeper fall should then be seen to 1.7254 support next. For now, risk will remain on […]

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

previous

EUR/GBP Daily Outlook

next

USD/JPY Daily Outlook

Read More

05/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1048; (P) 1.1071; (R1) 1.1107; More…. Focus is now on 1.1104 minor resistance in EUR/USD. Firm break there will indicate that pull back from 1.1200 has completed at 1.1025, and bring further rise to retest this high. However, break of 1.1025 will extend the correction from 1.1200 instead. In the bigger picture, […]
05/03/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0522; (P) 1.0575; (R1) 1.0679; More… EUR/USD’s current upside acceleration argues that bullish trend reversal is probably already underway. Intraday bias stays on the upside for 100% projection of 1.0176 to 1.0531 from 1.0358 at 1.0173. Decisive break there will solidify this bullish case and target 161.8% projection at 1.0932 next. On […]
18/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3580; (P) 1.3598; (R1) 1.3617; More… USD/CAD is still extending sideway trading and intraday bias remains neutral. On the downside, below 1.3545 minor support will suggest that recovery from 1.3439 has completed, turn bias to the downside for retesting this low. Nevertheless, decisive break of 38.2% retracement of 1.3946 to 1.3439 at […]