Logo-color Logo-white

Daily Pivots: (S1) 1.3805; (P) 1.3825; (R1) 1.3835; More… USD/CAD’s from 1.3418 is extending in early US session. Intraday bias stays on the upside for retest of 1.3946/76 key resistance zone. Strong resistance might be seen there to limit upside. However, break of 1.3746 support is needed to confirm short term topping. Otherwise, further rise […]

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

previous

USD/CHF Mid-Day Outlook

next

AUD/USD Daily Report

Read More

17/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.38; (P) 185.21; (R1) 186.64; More… Intraday bias in GBP/JPY remains neutral and outlook will stay cautiously bearish as long as 18.08 resistance holds. Below 183.70 will resume the fall from 193.45 to retest 180.00 low. Firm break there will extend whole decline from 208.09 to 175.94 fibonacci level. In the bigger […]
15/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0905; (P) 1.0957; (R1) 1.1044; More… EUR/USD failed to break through 1.1016 resistance and retreated notably in early US session. Intraday bias is turned neutral first. Some consolidations would be seen. But for now, outlook will stay cautiously bullish as long as 1.0722 support holds. On the upside, decisive break of 1.1016 […]
04/11/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8648; (P) 0.8679; (R1) 0.8730; More… Break of 0.8631 support suggests short term topping at 0.8710, on bearish divergence condition in 4H MACD, after hitting 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Intraday bias is back on the downside for 55 D EMA (now at 0.8613). On the upside, firm break […]