Logo-color Logo-white

Daily Pivots: (S1) 1.4210; (P) 1.4228; (R1) 1.4252; More… Intraday bias in USD/CAD stays on the upside for the moment. Current rally is part of the larger up trend and should target 1.4391 projection level next. Considering bearish divergence condition in 4H MACD, break of 1.4119 support will indicate short term topping and bring deeper […]

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

previous

GBP/USD Daily Outlook

next

GBP/JPY Daily Outlook

Read More

21/01/2024

EUR/JPY Weekly Outlook

EUR/JPY’s rise from 153.15 extended higher last week. Initial bias stays on the upside this week for 161.8% projection of 153.15 to 158.55 from 155.06 at 163.79, which is close to 164.29 high. On the downside, below 160.03 minor support will turn intraday bias neutral first. But further rally is expected as long as 158.55 […]
20/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.70; (P) 142.82; (R1) 143.76; More… Intraday bias in USD/JPY stays mildly on the upside for the moment. Rebound from 139.57 short term bottom should target 55 D EMA (now at 147.37), and possibly further to 38.2% retracement of 161.94 to 139.57 at 148.11. For now, risk will stay on the upside […]
22/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2689; (P) 1.2708; (R1) 1.2729; More… Intraday bias in GBP/USD remains on the upside for 100% projection of 1.2298 to 1.2633 from 1.2445 at 1.2780. Firm break there will target 1.2892 resistance next. However, break of 1.2685 will minor support will turn bias back to the downside, for retreat to 55 4H […]