Logo-color Logo-white

Daily Pivots: (S1) 1.4372; (P) 1.4388; (R1) 1.4411; More… Intraday bias USD/CAD remains neutral for the moment, and consolidations from 1.466 could extend, probably with another fall. But downside should be contained above 38.2% retracement of 1.3418 to 1.4466 at 1.4066 to bring rebound. On the upside, break of 1.4466 will resume larger up trend […]

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

previous

EUR/GBP Daily Outlook

next

AUD/USD Daily Report

Read More

27/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8442; (P) 0.8453; (R1) 0.8473; More… Intraday bias in EUR/GBP remains neutral for the moment. Also, outlook stays bearish with 0.8482 support turned resistance intact. On the downside, below 0.8429 minor support will bring retest of 0.8396 low first. Further break there will resume larger down trend to 0.8376 projection level next. […]
28/03/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6518; (P) 0.6529; (R1) 0.6545; More…. Intraday bias in AUD/USD remains neutral and outlook is unchanged. Risk will remain on the downside as long as 0.6633 resistance holds. Firm break of 0.6503 support will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 […]
03/03/2024

EUR/AUD Weekly Outlook

EUR/AUD’s rebound from 1.6127 resumed last week and edged higher to 1.6692, but retreated since then. Initial bias stays neutral this week first. Current development suggests that whole correction from 1.7062 should have completed with three waves down to 1.6127. Further rally is expected as long as 1.6450 support holds. Above 1.6692 will target 61.8% […]