Logo-color Logo-white

Daily Pivots: (S1) 1.6038; (P) 1.6062; (R1) 1.6101; More… EUR/AUD recovered ahead of 1.5996 low as consolidations continued. Intraday bias remains neutral first. Also, 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 […]

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

previous

EUR/USD Daily Outlook

next

USD/JPY Daily Outlook

Read More

15/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 179.23; (P) 180.22; (R1) 182.10; More… GBP/JPY recovered after dipping to 178.32 and intraday bias is turned neutral first. Deeper decline is expected as long as 184.30 resistance holds. Break of 178.32 will resume the whole decline from 188.63. Sustained break of 178.02 will pave the way to 38.2% retracement of 148.93 […]
11/06/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6588; (P) 0.6599; (R1) 0.6623; More… Intraday bias in AUD/USD remains neutral at this point. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, sustained break of 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) will dampen this bullish view, […]
12/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9068; (P) 0.9107; (R1) 0.9140; More…. Intraday bias in USD/CHF remains neutral for the moment, as consolidation from 0.9146 continues. Further rally is expected as long as 0.8996 support holds. Break of 0.9146 will resume whole rally from 0.8332. Next target is 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8818. […]