Logo-color Logo-white

Daily Pivots: (S1) 1.3475; (P) 1.3538; (R1) 1.3577; More… Intraday bias in USD/CAD remains neutral and outlook is unchanged. Further rally is expected as long as 1.3439 support holds. Break of 1.3605 will resume the rise from 1.3176 and target 100% projection of 1.3176 to 1.3540 from 1.3357 at 1.3721 next. However, firm break of […]

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

previous

EUR/AUD Daily Outlook

next

GBP/USD Mid-Day Outlook

Read More

02/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0820; (P) 1.0838; (R1) 1.0865; More… Intraday bias in EUR/USD is back on the downside with breach of 1.0795 temporary low. Fall from 1.1138 is trying to resume to 1.0722 structural support. Decisive break there will argue that whole rise from 1.0447 has completed, and target this low. On the upside, however, […]
31/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3837; (P) 1.3851; (R1) 1.3864; More… A temporary top is in place with current retreat and intraday bias in USD/CAD is turned neutral first. Further rally is expected as long as 1.3796 support holds. Rise from 1.3176 should be resuming and next target is 61.8% projection of 1.3176 to 1.3845 from 1.3588 […]
01/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6502; (P) 0.6517; (R1) 0.6530; More…. AUD/USD recovered after dipping to 0.6484 and intraday bias is neutral at this point. Risk will remain on the downside as long as 0.6633 resistance holds. Firm break of 0.6484 support will indicate that larger fall from 0.6870 is ready to resume, and turn bias to […]