Logo-color Logo-white

Daily Pivots: (S1) 0.6784; (P) 0.6806; (R1) 0.6830; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6348 is in progress for 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915 next. On the downside, below 0.6736 minor support will turn intraday bias neutral first. But outlook will […]

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

previous

USD/JPY Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

02/12/2023

GBP/USD Weekly Outlook

GBP/USD’s rise from 1.2036 continued to 1.2731 last week but retreated after hitting 61.8% retracement of 1.3141 to 1.2036 at 1.2716. Initial bias stays neutral this week first. Some more consolidations could be seen but further rise is expected as long as 1.2590 minor support holds. On the upside, decisive break of 1.2731 will resume […]
28/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0780; (P) 1.0809; (R1) 1.0826; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0760 temporary low. Further decline is expected as long as 1.0871 resistance holds. Below 1.0760 will target 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. […]
23/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0782; (P) 1.0810; (R1) 1.0827; More… EUR/USD’s fall from 1.1213 resumed after brief consolidation and intraday bias is back on the downside. Next target is 61.8% retracement of 1.0447 to 1.1213 at 1.0740. Firm break there will target 1.0601 support next. On the upside above 1.0871 minor resistance will turn intraday bias […]