Logo-color Logo-white

Daily Pivots: (S1) 0.6650; (P) 0.6672; (R1) 0.6712; More…. Range trading continues in AUD/USD and intraday bias remains neutral for the moment. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 […]

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

previous

EUR/GBP Daily Outlook

next

GBP/JPY Daily Outlook

Read More

17/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0666; (P) 1.0705; (R1) 1.0743; More…. Intraday bias in EUR/USD remains on downside for the moment. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Deeper decline would be seen to 1.0601 low first. Firm break there will target channel support at 1.0510 next. On the upside, above […]
06/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.33; (P) 148.62; (R1) 148.96; More… Intraday bias in USD/JPY remains neutral with focus on 148.79 resistance. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For now, further rise will remain in favor as long as 145.88 holds, in case of retreat. In the bigger picture, […]
08/02/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8706; (P) 0.8730; (R1) 0.8770; More…. Intraday bias in USD/CHF remains on the upside as rise from 0.8332 is in progress. Further seen to 61.8% retracement of 0.9243 to 0.8332 at 0.8995 next. On the downside, below 0.8687 minor support will turn intraday bias neutral first. But near term outlook will stay […]