Logo-color Logo-white

Daily Pivots: (S1) 0.6586; (P) 0.6608; (R1) 0.6629; More… Intraday bias in AUD/USD stays neutral at this point. Further rally is expected as long as 0.6557 support holds. Break of 0.6645 will will resume the rebound from 0.6361. On the downside, however, firm break of 0.6557 will bring deeper fall back to 0.6464 support instead. […]

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

previous

USD/JPY Daily Outlook

next

USD/CHF Mid-Day Outlook

Read More

13/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.48; (P) 167.72; (R1) 168.03; More… Further rise is mildly in favor in EUR/JPY despite loss of momentum as seen in 4H MACD. Rebound from 164.01 is seen as the second leg of the corrective pattern from 171.58, and would target 168.64 resistance. On the downside, break of 166.73 minor support will […]
30/11/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6609; (P) 0.6637; (R1) 0.6678; More… Intraday bias in AUD/USD is turned neutral with current retreat. Some more consolidations could be seen first. But further rally is expected as long as 0.6521 resistance turned support holds. On the upside, sustained break break of channel resistance (now at 0.6663) will argue that whole […]
06/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6658; (P) 1.6702; (R1) 1.6735; More… Further rally is still expected in EUR/AUD with 1.6578 support intact, despite current retreat. Rise from 1.6127 should target 61.8% projection of 1.6127 to 1.6671 from 1.6450 at 1.6786. Firm break there will target 100% projection at 1.6994 next. Nevertheless, break of 1.6578 will mix up […]