Logo-color Logo-white

Daily Pivots: (S1) 1.3768; (P) 1.3786; (R1) 1.3816; More… USD/CAD’s rally from 1.3418 is in progress and intraday bias remains on the upside, As noted before, corrective fall from 1.3946 should have completed at 1.3418 already. Further rally should be seen towards this resistance. On the downside, below 1.3724 minor support will turn intraday bias […]

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

previous

EUR/CHF Daily Outlook

next

GBP/JPY Daily Outlook

Read More

26/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2822; (P) 1.2876; (R1) 1.2903; More… No change in GBP/USD’s outlook and intraday bias stays neutral. Further rally is expected with 1.2859 resistance turned support intact. Break of 1.3043 will resume the rise from 1.2298. However, firm break of 1.2859 will turn bias to the downside for deeper decline to 55 D […]
04/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6467; (P) 1.6526; (R1) 1.6576; More… Intraday bias in EUR/AUD remains neutral for the moment/ Further rally is expected as long as 1.6351 resistance turned support holds. On the upside, above 1.6598 will resume the rise from 1.6002 short term bottom to 61.8% retracement of 1.7180 to 1.6002 at 1.6730 next. Sustained […]
14/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 179.30; (P) 181.22; (R1) 182.25; More… GBP/JPY’s breach of 178.58 support indicates resumption of whole fall from 188.63. Intraday bias is back on the downside. Break of 178.02 support will pave the way to 38.2% retracement of 148.93 to 188.63 at 173.46. For now, risk will stay on the downside as long […]