Logo-color Logo-white

Daily Pivots: (S1) 0.6687; (P) 0.6710; (R1) 0.6728; More… Intraday bias in AUD/USD stays neutral at this point. On the upside, break of 0.6766 resistance should confirm that corrective pullback from 0.6823 has completed at 0.6621 already. Retest of 0.6823 should be seen next. On the downside, however, sustained break of 38.2% retracement of 0.6348 […]

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

previous

USD/CHF Weekly Outlook

next

EUR/USD Daily Outlook

Read More

03/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 178.40; (P) 179.52; (R1) 180.31; More… Range trading continues in GBP/JPY and intraday bias remains neutral. Further decline is expected as long as 184.15 resistance holds. On the downside, break of will resume the decline from 188.63 and target 38.2% retracement of 148.93 to 188.63 at 173.46. However, decisive break of 184.15 […]
11/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6602; (P) 0.6635; (R1) 0.6657; More… Intraday bias in AUD/USD is turned neutral first with current retreat. Another rise will be mildly in favor as long as 55 4H EMA (now at 0.6561) holds. Above 0.6666 will resume the rebound from 0.6442 to 61.8% retracement of 0.6877 to 0.6442 at 0.6707 next. […]
24/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 187.42; (P) 188.17; (R1) 188.99; More… Intraday bias in GBP/JPY stays neutral as consolidation continues. Further rally is expected as long as 186.14 resistance turned support holds. On the upside, break of 188.90, and sustained trading above 188.63 will confirm up trend resumption. Next target is 38.2% projection of 155.33 to 188.63 […]