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The Japanese Yen (JPY) prolongs its appreciating move for the fourth straight day, hitting a fresh two-week top against a broadly weaker US Dollar (USD) heading into the European session on Friday.
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GBP/USD Daily Outlook
Daily Pivots: (S1) 1.3399; (P) 1.3427; (R1) 1.3462; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. Fall from 1.3725 could still extend lower through 13247. But even in that case, strong support is expected from 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142) to complete the corrective pattern from 1.3787. […]
The post GBP/USD Daily Outlook appeared first on Action Forex.
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GBP/USD Daily Outlook
Daily Pivots: (S1) 1.3399; (P) 1.3427; (R1) 1.3462; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. Fall from 1.3725 could still extend lower through 13247. But even in that case, strong support is expected from 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142) to complete the corrective pattern from 1.3787. […]
The post GBP/USD Daily Outlook appeared first on Action Forex.
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USD/CHF Daily Outlook
Daily Pivots: (S1) 0.7907; (P) 0.7946; (R1) 0.7968; More… USD/CHF’s fall from 0.8075 accelerates lower today and intraday bias stays on the downside for retesting 0.7828 low. Decisive break there will resume larger down trend. For now, risk will stay on the downside as long as 0.7984 minor resistance holds, in case of recovery. In […]
The post USD/CHF Daily Outlook appeared first on Action Forex.
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USD/CHF Daily Outlook
Daily Pivots: (S1) 0.7907; (P) 0.7946; (R1) 0.7968; More… USD/CHF’s fall from 0.8075 accelerates lower today and intraday bias stays on the downside for retesting 0.7828 low. Decisive break there will resume larger down trend. For now, risk will stay on the downside as long as 0.7984 minor resistance holds, in case of recovery. In […]
The post USD/CHF Daily Outlook appeared first on Action Forex.
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USD/CHF Daily Outlook
Daily Pivots: (S1) 0.7907; (P) 0.7946; (R1) 0.7968; More… USD/CHF’s fall from 0.8075 accelerates lower today and intraday bias stays on the downside for retesting 0.7828 low. Decisive break there will resume larger down trend. For now, risk will stay on the downside as long as 0.7984 minor resistance holds, in case of recovery. In […]
The post USD/CHF Daily Outlook appeared first on Action Forex.
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AUD/USD Daily Report
Daily Pivots: (S1) 0.6465; (P) 0.6491; (R1) 0.6510; More… Intraday bias in AUD/USD remains neutral for the moment. On the downside, break of 0.6439 will target 0.6413 cluster support (38.2% retracement of 0.5913 to 0.6706 at 0.6403). Sustained break there will pave the way to 61.8% retracement at 0.6216. Nevertheless, break of 0.6628 resistance will […]
The post AUD/USD Daily Report appeared first on Action Forex.
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AUD/USD Daily Report
Daily Pivots: (S1) 0.6465; (P) 0.6491; (R1) 0.6510; More… Intraday bias in AUD/USD remains neutral for the moment. On the downside, break of 0.6439 will target 0.6413 cluster support (38.2% retracement of 0.5913 to 0.6706 at 0.6403). Sustained break there will pave the way to 61.8% retracement at 0.6216. Nevertheless, break of 0.6628 resistance will […]
The post AUD/USD Daily Report appeared first on Action Forex.
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AUD/USD Daily Report
Daily Pivots: (S1) 0.6465; (P) 0.6491; (R1) 0.6510; More… Intraday bias in AUD/USD remains neutral for the moment. On the downside, break of 0.6439 will target 0.6413 cluster support (38.2% retracement of 0.5913 to 0.6706 at 0.6403). Sustained break there will pave the way to 61.8% retracement at 0.6216. Nevertheless, break of 0.6628 resistance will […]
The post AUD/USD Daily Report appeared first on Action Forex.
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USD/CAD Daily Outlook
Daily Pivots: (S1) 1.4032; (P) 1.4046; (R1) 1.4070; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen below 1.4078. Further rally is expected as long as 1.3930 support holds. Sustained trading above 1.4014/7 will suggest that USD/CAD is already reversing the whole fall from 1.4719, and target 61.8% retracement at 1.4312. […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
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