Logo-color Logo-white

Daily Pivots: (S1) 1.3495; (P) 1.3527; (R1) 1.3576; More… USD/CAD’s rally from 1.3716 resumed by breaking through 1.3613 resistance and intraday bias is back on the upside. Current rise should target channel resistance at 1.3664 first. Sustained break there would prompt upside acceleration towards 1.3897 resistance next. For now, near term outlook will stay bullish […]

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

previous

EUR/USD Mid-Day Outlook

next

GBP/JPY Weekly Outlook

Read More

27/04/2024

USD/CHF Weekly Outlook

USD/CHF breached 0.9151 resistance briefly but retreated back into established range. Initial bias remains neutral and more consolidations could be seen. On the upside, firm break of 0.9151 will resume the rally from 0.8332 and should target 0.9243 key resistance next. On the downside, break of 0.9085 will turn bias to the downside for deeper […]
13/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6360; (P) 1.6417; (R1) 1.6511; More… Intraday bias in EUR/AUD remains neutral as consolidation from 1.6267 is extending. Outlook will stay bearish as long as 1.6515 resistance holds. On the downside, break of 1.6267 will resume the whole decline from 1.7062 to 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106 […]
26/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 165.33; (P) 166.46; (R1) 168.09; More… A temporary low should be in place at 164.81 with current recovery. Intraday bias in EUR/JPY is turned neutral first. But risk will stay on the downside as long as 169.98 support turned resistance holds. On the downside, decisive break of 164.29 support turned resistance will […]