Logo-color Logo-white

Daily Pivots: (S1) 1.3447; (P) 1.3469; (R1) 1.3485; More… Intraday bias in USD/CAD remains neutral for moment. Consolidation from 1.3540 could extend further. But further rally is expected as long as 1.3342 minor support holds. Fall from 1.3897 should have completed at 1.3716. Break of 1.3540w ill target 1.3617 cluster resistance (61.8% retracement of 1.3897 […]

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

previous

GBP/JPY Daily Outlook

next

USD/CHF Mid-Day Outlook

Read More

12/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.97; (P) 159.37; (R1) 161.30; More… USD/JPY recovered after falling sharply to 157.41 but further decline is expected with 160.25 support turned resistance intact. Considering bearish divergence condition in D MACD, fall from 161.49 might already be correcting the whole five-wave rally from 140.25. Sustained break of 55 D EMA (now at […]
11/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.45; (P) 189.08; (R1) 189.78; More….. Intraday bias in GBP/JPY remains neutral for the moment. On the downside, below 188.22 will resume the decline from 191.29 to 38.2% retracement of 178.32 to 191.29 at 186.33. Sustained break there will raise the chance of larger scale correction and target 61.8% retracement at 183.27. […]
29/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6528; (P) 0.6548; (R1) 0.6568; More… Intraday bias in AUD/USD remains neutral for consolidations above 0.6513 temporary low. Further decline is expected as long as 55 4H EMA (now at 0.6623) holds. On the downside, sustained break of 61.8% retracement of 0.6361 to 0.6798 at 0.6528 will resume the fall from 0.6798 […]