Logo-color Logo-white

Daily Pivots: (S1) 1.2744; (P) 1.2761; (R1) 1.2788; More… GBP/USD’s rally from 1.2298 resumed after brief retreat and intraday bias is back on the upside. Further rally should be seen to 1.2892 resistance next. On the downside, below 1.2670 will turn bias to the downside for deeper pull back. In the bigger picture, price actions […]

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

previous

EUR/AUD Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

03/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6279; (P) 1.6316; (R1) 1.6342; More…. Range trading continues in EUR/AUD above 1.6211 short term bottom and intraday bias remains neutral. On the downside, firm break of 1.6211 support will resume the whole decline from 1.6742, as the third leg of the correction from 1.7062. On the upside, above 1.6403 will resume […]
06/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2672; (P) 1.2704; (R1) 1.2736; More… Intraday bias in GBP/USD remains on the upside at this point. Further rally would be seen to 1.2826 resistance first. Firm break there will resume whole rally from 1.2036, and target 61.8% projection of 1.2036 to 1.2826 from 1.2517 at 1.3005 next. For now, further rise […]
22/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8783; (P) 0.8802; (R1) 0.8816; More…. USD/CHF is extending the consolidation from 0.8884 and intraday bias stays neutral. With 0.8727 resistance turned support intact, further rally is still expected. On the upside, break of 0.8885 will resume the rise from 0.8332 and target and 100% projection of 0.8332 to 0.8727 from 0.8550 […]