Logo-color Logo-white

Daily Pivots: (S1) 1.6428; (P) 1.6464; (R1) 1.6488; More… EUR/AUD’s break of 1.6457 support argues that recovery from 1.6256 has completed at 1.6629 already. Intraday bias is back on the downside for 1.6256 support first. Firm break there will resume whole fall from 1.7180 to 61.8% projection of 1.7180 to 1.6256 from 1.6629 at 1.6058. […]

The post EUR/AUD Daily Outlook appeared first on Action Forex.

previous

EUR/JPY Daily Outlook

next

EURGBP Trades Within Tight Channel

Read More

01/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8701; (P) 0.8736; (R1) 0.8787; More…. Intraday bias in USD/CHF remains neutral for the moment, and some more consolidations could be seen above 0.8716. Risk will stay on the downside as long as 0.8886 support turned resistance holds. On the downside, break of 0.8716 temporary low will resume the fall from 0.9243 […]
12/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0991; (P) 1.1023; (R1) 1.1044; More…. Intraday bias in EUR/USD remains neutral for the moment. Focus stays on 38.2% retracement of 1.0665 to 1.1200 at 1.0996. Strong rebound from there will retain near term bullishness. Break of 1.1153 will indicate that larger rally is resuming through 1.1200 resistance to 1.1274 high. However, […]
21/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6054; (P) 1.6085; (R1) 1.6110; More… Intraday bias in EUR/AUD remains on the downside for now, despite some loss of momentum as seen in 4H MACD. Current down trend should target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. On the upside, above 1.6125 minor resistance will turn intraday bias […]