Logo-color Logo-white

EUR/AUD drew support from 55 W EMA last week and rebounded after dipping to 1.6391. But it then lose momentum after hitting 1.6631. Initial bias is turned neutral this week first. Current development suggests that corrective pattern from 1.6800 has completed at 1.6391 already. On the upside above 1.6631 will bring retest of 1.6800 first. […]

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

previous

GBP/JPY Daily Outlook

next

EUR/USD Weekly Outlook

Read More

26/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.49; (P) 144.17; (R1) 145.42; More… USD/JPY’s rebound from 139.57 short term bottom is still in progress and intraday bias stays on the upside. Further rally would be seen to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 142.89 minor support will turn bias to the downside for […]
22/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.66; (P) 150.27; (R1) 151.46; More… Intraday bias in USD/JPY remains on the upside, as rise from 139.57 is in progress. Next target is 61.8% retracement of 161.94 to 139.57 at 153.39. On the downside, below 149.08 minor support will turn intraday bias neutral again. But still, further rally is in favor […]
27/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6801; (P) 0.6815; (R1) 0.6837; More… AUD/USD’s rally from 0.6269 continues today and hits as high as 0.6839 so far. Intraday bias remains on the upside for 0.6894 resistance first. Sustained break there will target 0.7156 next. On the downside, below 0.6772 minor support will turn intraday bias neutral first. But outlook […]