Logo-color Logo-white

Daily Pivots: (S1) 1.3548; (P) 1.3573; (R1) 1.3605; More… Intraday bias in USD/CAD is turned neutral again with current retreat. Near term outlook will stay bullish as long as 1.3439 support holds, and further rally is in favor. Break of 1.3605 will resume the rise from 1.3176 to 100% projection of 1.3176 to 1.3540 from […]

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

previous

EUR/USD Mid-Day Outlook

next

GBP/USD Daily Outlook

Read More

04/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 155.52; (P) 156.15; (R1) 157.15; More… Range trading continues in EUR/JPY and intraday bias remains neutral. On the upside, above 158.55 will resume the corrective rebound from 153.15. On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger […]
22/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3028; (P) 1.3074; (R1) 1.3137; More… Intraday bias in GBP/USD remains on the upside for the moment. Decisive break of r 61.8% projection of 1.2298 to 1.3043 from 1.2664 at 1.3124, which is close to 1.3141 high, will confirm larger up trend resumption for 100% projection at 1.3409. On the downside, below […]
01/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0802; (P) 1.0826; (R1) 1.0849; More….. EUR/USD’s fall from 1.0947 resumed by breaking through 1.0797 temporary low and intraday bias is back on the downside. Current development suggest that rebound from 1.0601 has completed with three waves up to 1.0947. Deeper decline should be seen to 1.0665 support next. For now, risk […]