Intraday bias in USD/CAD is turned neutral with current recovery. On the upside, firm break of 1.4067 indicate short term bottoming, on bullish divergence condition in 4H MACD. Stronger rebound would be seen back to retest 1.4298 high. ON the downside, sustained trading below 38.2% retracement of 1.3480 to 1.4298 at 1.3986 will target 61.8% […]
The post USD/CAD Daily Outlook appeared first on ActionForex.
Intraday bias in GBP/USD is turned neutral first with current retreat. Further rise will remain in favor as long as 1.3271 support holds. On the upside, above 1.3502 will extend the rise from 1.3135 to Read more…
In focus today Today’s focus will be on volatile markets following yesterday’s pronounced risk-off move, as concerns over the sustainability of the AI boom continue to weigh on investor confidence. Further details in the equities Read more…
Intraday bias in USD/CHF is turned neutral first with current recovery. Further decline is expected as long as 0.8312 resistance holds. Below 0.8125 will target 38.2% retracement of 0.7603 to 0.8394 at 0.8092. However, break Read more…