Logo-color Logo-white

Daily Pivots: (S1) 0.6460; (P) 0.6478; (R1) 0.6510; More… Intraday bias in AUD/USD is turned neutral with current recovery, and some consolidations would be seen first. But outlook will remain bearish as long as 0.6621 resistance holds. Below 0.6442 will resume the fall from 0.6870 to 61.8% projection of 0.6870 to 0.6524 from 0.6621 at […]

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

previous

EUR/JPY Daily Outlook

next

USD/CHF Daily Outlook

Read More

07/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6452; (P) 1.6516; (R1) 1.6552; More… Intraday bias in EUR/AUD stays neutral as sideway trading continues. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, […]
27/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.20; (P) 147.55; (R1) 148.02; More… Intraday bias in USD/JPY stays neutral, as consolidation from 148.79 is extending. With 145.97 resistance turned support intact, further rally is in favor. As noted before, corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume the rise from there for […]
10/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 182.94; (P) 183.45; (R1) 184.15; More… Intraday bias in GBP/JPY stays neutral this point. On the upside, sustained break of 184.15 resistance will argue that whole pull back from 188.63 has completed and bring further rally to retest this high. However, break of 181.73 minor support will indicate rejection by 184.15, and […]