Logo-color Logo-white

Daily Pivots: (S1) 1.3886; (P) 1.3913; (R1) 1.3932; More… No change in USD/CAD’s outlook 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 1.3875 minor support will turn intraday bias and bring consolidations first. In the bigger picture, sideway […]

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

previous

GBP/USD Mid-Day Outlook

next

EUR/CHF Daily Outlook

Read More

30/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2666; (P) 1.2712; (R1) 1.2748; More… No change in GBP/USD’s outlook as consolidation from 1.2826 is still extending. Another fall cannot be ruled out, but downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has completed. Further rise […]
26/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2464; (P) 1.2495; (R1) 1.2543; More… No change in GBP/USD’s outlook and intraday bias stays neutral. Near term outlook stays bearish as long as 1.2538 support turned resistance holds. Break of 1.2421 minor support will argue that rebound from 1.2298 has completed and bring retest of this low. However, decisive break of […]
15/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2531; (P) 1.2571; (R1) 1.2606; More… Outlook in GBP/USD is unchanged and intraday bias stays neutral at this point. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue […]