Logo-color Logo-white

Daily Pivots: (S1) 1.3750; (P) 1.3795; (R1) 1.3819; More… Intraday bias in USD/CAD is turned neutral first with current retreat. Some consolidations would be seen below 1.3837 temporary top. But downside should be contained above 1.3646 resistance turned support. On the upside, above 1.3837 will resume the rally from 1.3418 to 1.3946/76 key resistance zone. […]

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

previous

EUR/CHF Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

24/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6468; (P) 1.6516; (R1) 1.6545; More… Outlook is mixed up by deeper than expected fall from 1.6679. On the downside, firm break of 1.6368 support will revive that case that rebound from 1.6127 has completed at 1.6742. Fall from there is seen as the third leg of the pattern from 1.7062. Deeper […]
18/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3476; (P) 1.3509; (R1) 1.3538; More… Intraday bias in USD/CAD is turned neutral with 4H MACD crossed below signal line. Some consolidations could be seen first. But further rally is expected as long as 1.3342 support holds. Above 1.3540 will resume the rise from 1.3176 to 1.3617 cluster resistance (61.8% retracement of […]
21/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8855; (P) 0.8891; (R1) 0.8949; More…. Intraday bias in USD/CHF remains neutral as consolidations continue above 0.8825. Outlook will stay bearish as long as 0.8992 resistance holds. On the downside, break of 0.8825 will resume the fall from 0.9223. Next target is 61.8% retracement of 0.8332 to 0.9223 at 0.8672. In the […]