Logo-color Logo-white

Daily Pivots: (S1) 1.3465; (P) 1.3542; (R1) 1.3586; More… USD/CAD’s fall from 1.3946 continues today and intraday bias stays on the downside for 1.3477 support. Firm break there will target 1.3091/3176 support zone. On the upside, above 1.3570 support turned resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In […]

The post USD/CAD Mid-Day Outlook appeared first on Action Forex.

previous

EUR/CHF Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

16/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 154.21; (P) 155.38; (R1) 156.08; More… Intraday bias in USD/JPY remains on the downside at this point. Fall from 156.78 is seen as the the third leg of the corrective pattern from 160.20 high. Deeper decline would be seen to 151.86 support and possibly below. For now, risk will stay on the […]
02/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.36; (P) 160.82; (R1) 161.37; More… Intraday bias in USD/JPY is back on the upside with break of 161.27 temporary top. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.25 minor support will turn intraday bias neutral and bring consolidations again, […]
26/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.48; (P) 153.40; (R1) 154.86; More… Intraday bias in USD/JPY remains neutral as consolidations continue above 151.93 temporary low. Risk will stay on the downside as long as 155.36 support turned resistance holds. Decisive break of 151.89 resistance turned support will argue that large scale correction is underway to 148.66 fibonacci level. […]