Logo-color Logo-white

Daily Pivots: (S1) 0.6692; (P) 0.6720; (R1) 0.6755; More… Intraday bias in AUD/USD is turned neutral first with current recovery. On the downside, below 0.6685 will extend the decline from 0.6823 short term top to 38.2% retracement of 0.6348 to 0.6823 at 0.6642. Break will target 61.8% retracement at 0.6529. On the upside, though, above […]

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

previous

USD/JPY Mid-Day Outlook

next

USD/CHF Daily Outlook

Read More

12/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8510; (P) 0.8522; (R1) 0.8540; More… No change in EUR/GBP’s outlook as range trading continues. Intraday bias stays neutral for the moment. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. Nevertheless, firm break of 0.8577 will turn bias back […]
19/02/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rise from 153.15 resumed by breaking 161.84 resistance last week. Initial bias remains on the upside for retesting 164.29 high next. On the downside, however, below 160.90 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 164.29 medium term top are seen as a correction to rise from […]
15/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8927; (P) 0.8949; (R1) 0.8966; More… Further decline is in favor in USD/CHF with 0.9000 resistance intact. Below 0.8914 will target 0.8825 low. Break of 0.8825 will target 50% retracement of 0.8332 to 0.9223 at 0.8778 next. However, break of 0.9000 will turn bias back to the upside for 0.9049 resistance instead. […]