Logo-color Logo-white

Daily Pivots: (S1) 1.3580; (P) 1.3598; (R1) 1.3617; More… USD/CAD is still extending sideway trading and intraday bias remains neutral. On the downside, below 1.3545 minor support will suggest that recovery from 1.3439 has completed, turn bias to the downside for retesting this low. Nevertheless, decisive break of 38.2% retracement of 1.3946 to 1.3439 at […]

The post USD/CAD Daily Outlook appeared first on Action Forex.

previous

AUD/USD Daily Report

next

GBP/JPY Daily Outlook

Read More

08/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3584; (P) 1.3601; (R1) 1.3619; More… Range trading continues in USD/CAD and intraday bias stays neutral. On the downside, below 1.3479 will resume the corrective fall from 1.3897. But downside should be contained by 1.3378 support, which is close to 61.8% retracement of 1.3091 to 1.3897 at 1.3399, to bring rebound. On […]
16/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1063; (P) 1.1083; (R1) 1.1095; More…. Intraday bias in EUR/USD remains neutral at this point. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, however, sustained break of 38.2% retracement of 1.0665 to 1.1200 at […]
30/11/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.24; (P) 161.75; (R1) 162.00; More…. EUR/JPY is extending the corrective fall from 164.29 and intraday bias remains on the downside. Deeper decline would be seen to 100% projection of 164.29 tot 161.22 from 163.77 at 160.63 and possibly below. But strong support should be seen from 159.75 resistance turned support to […]