Logo-color Logo-white

Daily Pivots: (S1) 0.8981; (P) 0.9000; (R1) 0.9026; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.9200 is still in progress. While deeper pull back might be seen, outlook will stay mildly bullish as long as 38.2% retracement of 0.8374 to 0.9200 at 0.8884 holds. On the upside, firm break of 0.9223 key […]

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

previous

EUR/CHF Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

20/12/2023

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6197; (P) 1.6248; (R1) 1.6289; More… EUR/AUD’s decline resumed by breaking 1.6206 and intraday bias is back on the downside. Current fall from 1.7062 should now target 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. On the upside, above 1.6319 minor resistance will turn intraday bias neutral first. But risk […]
31/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.80; (P) 153.33; (R1) 153.92; More… USD/JPY is extending consolidation below 153.87 temporary low and intraday bias stays neutral. Deeper retreat cannot be ruled out but further rally is expected as long as 55 D EMA (now at 148.84) holds. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will […]
20/04/2024

EUR/USD Weekly Outlook

EUR/USD edged lower to 1.0601 last week but turned sideway since then. Initial bias remains neutral this week for consolidations. Upside should be limited by 1.0723 support turned resistance. Break of 1.0601 will resume the fall from 1.1138t o 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. In the bigger picture, price […]