Logo-color Logo-white

Daily Pivots: (S1) 0.6494; (P) 0.6535; (R1) 0.6559; More… Intraday bias in AUD/USD remains neutral as rebound from 0.6348 is still struggling to extend through 0.6567 resistance decisively. On the downside, break of 0.6472 minor support will retain near term bearishness and bring retest of 0.6348 low first. However, strong break of 0.6567 will bring […]

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

previous

EUR/CHF Daily Outlook

next

USD/CAD Daily Outlook

Read More

17/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.49; (P) 159.82; (R1) 160.40; More… EUR/JPY’s rally from 153.15 resumed by breaking through 160.17 temporary top. Intraday bias is back on the upside. Further rally should be seen to 161.8% projection of 153.15 to 158.55 from 155.06 at 163.79, which is close to 164.29high). ON the downside, below 159.30 minor support […]
18/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 154.11; (P) 154.43; (R1) 154.71; More… Intraday bias in USD/JPY is turned neutral with current retreat. Considering bearish divergence condition in 4H MACD, in case of another rise, upside should be limited by 155.20 fibonacci projection level. On the downside, break of 153.89 minor support will turn bias back to the downside […]
22/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6730; (P) 0.6745; (R1) 0.6760; More… A temporary top should be in place at 0.6760 in AUD/USD with 4H MACD crossed below signal line. Intraday bias is turned neutral for consolidations first. Downside of retreat should be contained by 55 4H EMA (now at 0.6664) to bring rebound. Above 0.6760 will target […]