Logo-color Logo-white

Daily Pivots: (S1) 1.3854; (P) 1.3876; (R1) 1.3914; More… USD/CAD’s rise from 1.3418 is in progress and intraday bias stays on the upside for retesting 1.3946/76 resistance zone. Decisive break there will confirm larger up trend resumption. On the downside, below 1.3837 minor support will turn intraday bias and bring consolidations first. In the bigger […]

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

previous

EUR/USD Daily Outlook

next

EUR/AUD Daily Outlook

Read More

14/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0923; (P) 1.0938; (R1) 1.0954; More…. Intraday bias in EUR/USD remains neutral for the moment. Further decline is expected as long as 1.0996 resistance holds. On the downside, sustained break of 38.2% retracement of 1.0447 to 1.1213 at 1.0920 will argue that fall from 1.1213 is the third leg of the corrective […]
19/02/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rise from 153.15 resumed by breaking 161.84 resistance last week. Initial bias remains on the upside for retesting 164.29 high next. On the downside, however, below 160.90 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 164.29 medium term top are seen as a correction to rise from […]
01/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.39; (P) 152.49; (R1) 153.14; More… Intraday bias in USD/JPY remains neutral as consolidation from 153.87 is extending. Deeper retreat cannot be ruled out but further rally is expected as long as 55 D EMA (now at 148.95) holds. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave […]