Logo-color Logo-white

Daily Pivots: (S1) 1.3805; (P) 1.3825; (R1) 1.3835; More… Further rally is expected in USD/CAD with 1.3746 support intact, despite loss of momentum as seen in 4H MACD. Current rise from 1.3418 should target 1.3946/76 key resistance zone. However, break of 1.3746 will indicate short term topping, and turn bias back to the downside for […]

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

previous

EUR/CHF Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

27/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.09; (P) 191.39; (R1) 191.67; More….. Intraday bias in GBP/JPY remains neutral for the moment. More consolidations could be seen but outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend to 61.8% projection of 178.32 to 191.29 from 187.94 at […]
25/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 170.60; (P) 171.03; (R1) 171.76; More… Intraday bias in EUR/JPY is turned neutral with current retreat. Some consolidations could be seen first but further rally will remain in favor as long as 169.31 support hold, for 61.8% projection of 164.01 to 170.87 from 167.52 at 171.75. However, firm break of 169.31 will […]
07/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6511; (P) 0.6547; (R1) 0.6600; More… AUD/USD’s strong rebound suggests that corrective pattern from 0.6442 is extending with another leg. While further rise cannot be ruled out, upside should be limited by 38.2% retracement of 0.6877 to 0.6442 at 0.6605. Break of 0.6476 support will argue that fall from 0.6870 is ready […]