Logo-color Logo-white

Daily Pivots: (S1) 0.6592; (P) 0.6606; (R1) 0.6626; More… AUD/USD recovered ahead of 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579), but stays well below 0.6713 resistance. Intraday bias remains neutral first. Further rally remains in favor with 0.6578 intact. On the upside, firm break of 0.6713 will resume whole rise from […]

The post AUD/USD Daily Report appeared first on Action Forex.

previous

AUD/USD Mid-Day Report

next

GBP/JPY Daily Outlook

Read More

06/02/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3487; (P) 1.3515; (R1) 1.3570; More… Intraday bias in USD/CAD stays neutral for the moment. On the upside, break of 1.3540 will resume the rise from 1.3176. That will also revive that case that whole fall from 1.3897 has completed, and target this resistance. Nevertheless, firm break of 1.3357 support will argue […]
16/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8666; (P) 0.8707; (R1) 0.8768; More…. Intraday bias in USD/CHF remains on the upside with focus on 38.2% retracement of 0.9223 to 0.8431 at 0.8734. Sustained break there will bring stronger rally to 61.8% retracement at 0.8920, even as a corrective move. On the downside, break of 0.8616 will turn bias back […]
02/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8986; (P) 0.9016; (R1) 0.9057; More… Intraday bias in USD/CHF remains on the upside for the moment. Fall from 0.9223 might have completed as a three-wave corrective move to 0.8825. Sustained trading above the near term falling channel resistance will bring further rally to 0.9157 resistance next. On the downside, below 0.8977 […]