Logo-color Logo-white

Daily Pivots: (S1) 1.6182; (P) 1.6222; (R1) 1.6281; More… EUR/AUD’s decline from 1.6351 is still in progress and further fall would be seen towards 1.6002 low. On the upside, however, break of 1.6351 will resume the rebound from 1.6002 to 38.2% of 1.7180 to 1.6002 at 1.6452. In the bigger picture, as long as 1.5996 […]

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

previous

USD/CHF Daily Outlook

next

EUR/CHF Daily Outlook

Read More

14/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2792; (P) 1.2833; (R1) 1.2903; More… Intraday bias in GBP/USD remains on the upside at this point. Pull back from 1.3043 could have completed at 1.2664 already. Further rise should be seen to retest 1.3043 resistance first. Firm break there will resume whole rally from 1.2998 to 61.8% projection of 1.2298 to […]
09/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3556; (P) 1.3587; (R1) 1.3603; More… Intraday bias in USD/CAD is turned neutral again with current retreat. Some consolidations would be seen but further rally is still expected as long as 1.3477 support holds. Break of 1.3646 will resume the rise from 1.3716. Sustained break of channel resistance would prompt upside acceleration […]
28/10/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8652; (P) 0.8664; (R1) 0.8679; More… Intraday bias in USD/CHF stays mildly on the upside with 0.8469 minor support intact. Decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to 61.8% retracement […]