Logo-color Logo-white

Daily Pivots: (S1) 1.3196; (P) 1.3230; (R1) 1.3283; More… USD/CAD’s break of 1.3284 minor resistance indicate short term bottoming at 1.3176, on bullish convergence condition in 4H MACD. Intraday bias is back on the upside for 38.2% retracement of 1.3897 to 1.3176 at 1.3451. On the downside, however, break of 1.3176 will resume the fall […]

The post USD/CAD Mid-Day Outlook appeared first on Action Forex.

previous

EUR/CHF Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

25/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.15; (P) 163.98; (R1) 164.48; More… Intraday bias in EUR/JPY remains neutral for the moment. Downside of current retreat should be contained by 55 4H EMA (now at 163.27) to bring rebound. On the upside, break of 165.33 will resume larger up trend to 61.8% projection of 153.15 to 163.70 from 160.20 […]
20/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9848; (P) 0.9866; (R1) 0.9901; More…. Intraday bias in EUR/CHF remains on the upside for 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899. Decisive break there could prompt upside acceleration to 100% projection at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below 0.9851 minor support […]
06/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0851; (P) 1.0872; (R1) 1.0889; More… Range trading continues in EUR/USD and intraday bias stays neutral at this point. Further rally is expected as long as 1.0788 support holds. Break of 1.0915 will resume the rally from 1.0601 to 61.8% projection of 1.0601 to 1.0894 from 1.0788 at 1.0969. However, firm break […]