Daily Pivots: (S1) 1.3467; (P) 1.3504; (R1) 1.3526; More… USD/CAD’s recovery lost momentum after breaching 55 4H EMA (now at 1.3514). But intraday bias stays neutral first, as more consolidations could be seen above 1.3418. Nevertheless, outlook will remain bearish as long as 1.3646 resistance holds. Firm break of 1.3416 will resume the fall from […]
The post USD/CAD Daily Outlook appeared first on Action Forex.
GBPUSD remains above 20-day SMA Stochastic and RSI reflect latest downside move. GBPUSD is notably retreating from the two-and-a-half-year high of 1.3433, meeting the 20-day simple moving average (SMA) at 1.3235. Furthermore, the pair is Read more…
Daily Pivots: (S1) 189.27; (P) 191.31; (R1) 192.78; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. Corrective rebound from 180.00 might have completed with three waves up to 195.95. Risk will stay Read more…
Daily Pivots: (S1) 157.87; (P) 159.39; (R1) 160.41; More…. Intraday bias in EUR/JPY remains neutral and outlook is unchanged. Corrective pattern from 154.40 might have completed with three waves to 163.47 already. Risk will stay Read more…