Logo-color Logo-white

Daily Pivots: (S1) 0.6542; (P) 0.6589; (R1) 0.6616; More… Intraday bias in AUD/USD remains neutral first as range trading continues inside 0.6503/6666. On the downside, break of 0.6503 will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 low. On the upside, break of 0.6666 will […]

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

previous

GBP/USD Daily Outlook

next

EUR/USD Weekly Outlook

Read More

20/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6197; (P) 1.6248; (R1) 1.6289; More… EUR/AUD’s decline resumed by breaking 1.6206 and intraday bias is back on the downside. Current fall from 1.7062 should now target 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. On the upside, above 1.6319 minor resistance will turn intraday bias neutral first. But risk […]
10/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6602; (P) 0.6624; (R1) 0.6649; More… Intraday bias in AUD/USD remains on the upside at this point. Rise from 0.6480 is seen as the third leg of the pattern from 0.6442. Further rally would be seen to 0.6666 resistance, and then 100% projection of 0.6442 to 0.6666 from 0.6480 at 0.6704. Nevertheless, […]
10/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.63; (P) 144.27; (R1) 144.89; More… USD/JPY recovered ahead of 143.17 minor support but stays well below 145.97 resistance. Intraday bias remains neutral at this point. On the upside, above 145.97 will resume the rebound from 140.25. But upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On […]