Logo-color Logo-white

Daily Pivots: (S1) 1.3611; (P) 1.3642; (R1) 1.3666; More… Intraday bias in USD/CAD is mildly on the downside as fall from 1.3742 extends. Rise from 1.3176 could have completed at 1.3845. Firm break of 1.3589 will target 61.8% retracement of 1.3176 to 1.3845 at 1.3432. On the upside, above 1.3670 minor resistance will turn intraday […]

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

previous

EUR/AUD Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

10/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2678; (P) 1.2722; (R1) 1.2753; More… GBP/USD is staying in sideway trading below 1.2826 and intraday bias remains neutral at this point. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Nevertheless, break of 1.2611 will bring deeper correction to 1.2499 support instead. In the bigger picture, […]
03/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6644; (P) 0.6657; (R1) 0.6681; More… AUD/USD’s rally from 0.6361 finally resumed by breaking through 0.6713 resistance and intraday bias is back on the upside. Further rise should be seen to 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837 next. For now, near term outlook will stay bullish as long […]
13/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8549; (P) 0.8559; (R1) 0.8574; More…. EUR/GBP’s correction from 0.8624 extends lower today and deeper fall could be seen. But downside should be contained by 38.2% retracement of 0.8382 to 0.8624 at 0.8532 to bring another rally. On the upside, above 0.8567 minor resistance will turn bias back to the upside for […]