Logo-color Logo-white

Daily Pivots: (S1) 0.6801; (P) 0.6815; (R1) 0.6837; More… AUD/USD’s rally from 0.6269 continues today and hits as high as 0.6839 so far. Intraday bias remains on the upside for 0.6894 resistance first. Sustained break there will target 0.7156 next. On the downside, below 0.6772 minor support will turn intraday bias neutral first. But outlook […]

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

previous

USD/CAD Daily Outlook

next

GBP/JPY Daily Outlook

Read More

18/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0855; (P) 1.0929; (R1) 1.0970; More… Intraday bias in EUR/USD stays neutral for the moment, as consolidation from 1.1016 is extending. Deeper retreat cannot be ruled out, but further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to […]
07/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.98; (P) 149.53; (R1) 149.97; More… USD/JPY’s decline accelerates to as low as 147.58 so far. Intraday bias stays on the downside for 38.2% retracement of 140.25 to 150.87 at 146.81. Sustained break of 146.81 will argue that fall from 150.87 is reversing the whole rally from 140.25. In this case, deeper […]
21/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.21; (P) 164.79; (R1) 165.77; More… Intraday bias in EUR/JPY remains on the upside for the moment. Current rally should target 61.8% projection of 153.15 to 163.70 from 160.20 at 166.71. On the downside, Below 163.81 minor support will turn intraday bias neutral and bring consolidations first, before staging another rally. In […]