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

20/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2666; (P) 1.2688; (R1) 1.2727; More… GBP/USD is staying in range above 1.2595 support and intraday bias remains neutral. On the downside, firm break of 1.2595 will resume the decline from 1.2826 to 1.2499 support. Nevertheless, strong rebound from current level will retain near term bullishness. Decisive break of 1.2826 will resume […]
20/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2695; (P) 1.2717; (R1) 1.2742; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen. Risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. In […]
01/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0642; (P) 1.0688; (R1) 1.0713; More… Intraday bias in EUR/USD remains mildly on the downside at this point. Recovery from 1.0601 could have completed at at 1.0752 already. Further fall would be seen for retesting 1.0601 first. Firm break there will resume larger fall and target 100% projection of 1.1138 to 1.0694 […]