Logo-color Logo-white

Daily Pivots: (S1) 1.6555; (P) 1.6589; (R1) 1.6642; More… Intraday bias in EUR/AUD remains neutral for the moment. Outlook is staying bullish with 1.6474 support intact. On the upside, above 1.6798 minor resistance will bring retest of 1.7180 resistance first. Firm break there will resume larger up trend to 1.7715 fibonacci projection level next. In […]

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

previous

USD/JPY Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

21/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0765; (P) 1.0777; (R1) 1.0792; More… EUR/USD’s break of 1.0804 resistance suggests short term bottoming at 1.0694, on bullish convergence condition in 4H MACD. Intraday bias is back on the upside for stronger rebound. Sustained above 55 D EMA (now at 1.0833) will argue that fall from 1.1138 has completed and target […]
23/08/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6683; (P) 0.6719; (R1) 0.6740; More… Intraday bias in AUD/USD remains neutral as consolidations continue below 0.6760 temporary top. Downside of retreat should be contained by 55 4H EMA (now at 0.6676) to bring rebound. Above 0.6760 will target 0.6798 resistance next. Firm break there will argue that larger rise from 0.6269 […]
22/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9440; (P) 0.9456; (R1) 0.9475; More… Intraday bias in EUR/CHF stays on the upside for the moment. Rebound from 0.9252 is seen as correcting whole down trend from 1.0095. Further rally should be seen to 38.2% retracement of 1.0095 to 0.9252 at 0.9574. On the downside, below 0.9404 minor support will turn […]