Logo-color Logo-white

Daily Pivots: (S1) 0.6474; (P) 0.6502; (R1) 0.6526; More… Intraday bias in AUD/USD remains on the upside for the moment. Sustained break of 55 D EMA (now at 0.6527) will argue that fall from 0.6870 has completed, and bring further rally to 0.6643 resistance next. On the downside, though, break of 0.6440 minor support will […]

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

previous

USD/CHF Daily Outlook

next

USD/JPY Daily Outlook

Read More

15/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.87; (P) 189.48; (R1) 190.50; More… Intraday bias in GBP/JPY remains on the upside for the moment. Next near term target is 61.8% projection of 178.71 to 188.90 from 185.21 at 191.50. On the downside, below 187.83 minor support will turn intraday bias neutral and bring consolidations first. But outlook will stay […]
05/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8867; (P) 0.8919; (R1) 0.8954; More…. Intraday bias in USD/CHF is turned neutral with 4H MACD crossed above signal line. Strong rebound from current level, followed by break of 0.8987 support turned resistance, will suggest that correction from 0.9223 has completed, and retain near term bullishness. However, sustained break of 0.8883 fibonacci […]
25/03/2024

AUD/USD Weekly Report

AUD/USD’s strong was rebound last week was capped below 0.6666 resistance, and followed by equally steep decline. Initial bias remains neutral this week first, with focus on 0.6503 support. Decisive break there will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 low. For now, risk […]