Logo-color Logo-white

Daily Pivots: (S1) 1.3940; (P) 1.3974; (R1) 1.4019; More… USD/CAD’s rally resumed by breaking through 1.4104 and intraday bias is back on the upside. Further rally should be seen to 61.8% projection of 1.3418 to 1.4104 from 1.3930 at 1.4354 next. For now, outlook will stay bullish as long as 1.3930 support holds, in case […]

The post USD/CAD Daily Outlook appeared first on Action Forex.

previous

EUR/JPY Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

30/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6454; (P) 1.6484; (R1) 1.6536; More… Intraday bias in EUR/AUD remains neutral at this point. Further rally is expected as long as 1.6398 support holds. Corrective fall from 1.7062 should have completed with three waves down to 1.6127 already. Above 1.6671 will target 1.6844 resistance to confirm this bullish case. However, break […]
17/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6502; (P) 1.6560; (R1) 1.6648; More… Intraday bias in EUR/AUD stays mildly on the upside at this point. Rise from 1.6368 would target 1.6677 resistance next. Break there will confirm that correction from 1.6742 has completed, and bring further rally through this high. On the downside, though, below 1.6511 minor support will […]
14/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6731; (P) 0.6745; (R1) 0.6766; More… Intraday bias in AUD/USD remains neutral for consolidations above 0.6701 temporary low. Further decline is expected as long as 0.6809 minor resistance holds. On the downside, break of 0.6701 and sustained trading below 55 D EMA (now at 0.6743) should confirm rejection by 0.6941 fibonacci level. […]