Logo-color Logo-white

Daily Pivots: (S1) 1.3549; (P) 1.3582; (R1) 1.3623; More… A temporary low is formed at 1.3539 with current recovery and intraday bias is turned neutral first. Further decline is expected as long as 1.3653 support turned resistance holds. Below 1.3539 will resume the correction from 1.3897 to 1.3378 support next. In the bigger picture, corrective […]

The post USD/CAD Daily Outlook appeared first on Action Forex.

previous

GBP/JPY Daily Outlook

next

AUD/USD Daily Report

Read More

20/04/2024

EUR/CHF Weekly Outlook

EUR/CHF’s correction from 0.9847 extended to as low as 0.9563 last week but quickly recovered. Initial bias is turned neutral this week first. On the upside, break of 0.9721 resistance will argue that the correction has completed already, and turn intraday bias back to the upside for retesting 0.9847. However, break of 0.9563 will bring […]
04/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0854; (P) 1.0879; (R1) 1.0931; More…. EUR/USD’s rally from 1.0601 resumed by break through 1.0894 resistance. Intraday bias is back on the upside for t .8% projection of 1.0601 to 1.0894 from 1.0788 at 1.0969. For now, risk will stay on the upside as long as 1.0788 support holds, in case of […]
29/07/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6540; (P) 1.6569; (R1) 1.6612; More… Intraday bias in EUR/AUD remains neutral for consolidations below 1.6642 temporary top. Further rally is expected as long as 1.6384 support holds. Corrective fall from 1.7062 should have completed with three waves down to 1.5998. Above 1.6642 will target 1.6742 resistance. Decisive break there will argue […]