Logo-color Logo-white

Daily Pivots: (S1) 1.6085; (P) 1.6117; (R1) 1.6159; More… Intraday bias in EUR/AUD stays neutral as consolidations continue above 1.5996. Outlook stays bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target 1.5846 […]

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

previous

USD/CHF Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

07/05/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6608; (P) 0.6623; (R1) 0.6642; More… Intraday bias in AUD/USD is turned neutral with current retreat. Some consolidations could be seen but further rally is expected as long as 0.6464 support holds. As noted before, fall from 0.6870 could have completed with three waves down to 0.6361. Above 0.6645 will target 100% […]
19/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8600; (P) 0.8624; (R1) 0.8660; More…. Intraday bias in EUR/GBP stays neutral as consolidation from 0.8548 is still extending. Further decline is expected as long as 0.8648 support turned resistance holds. On the downside, break of 0.8548 will resume the decline from 0.8764 to retest 0.8419 low next. However, sustained break of […]
30/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8399; (P) 0.8417; (R1) 0.8430; More…. EUR/GBP’s fall from 0.8624 is still in progress and intraday bias stays on the downside for retesting 0.8382 low. Strong support could be seen from there to bring rebound on first attempt. Above 0.8449 minor resistance will turn intraday bias neutral first. But risk will stay […]