Logo-color Logo-white

USD/CHF rebounded strongly last week but upside is capped below 0.9053 resistance. Initial bias stays neutral this week first. On the upside, firm break of 0.9053 will suggest that corrective pattern from 0.9200 has already completed at 0.8911. Further rally should then be seen to retest 0.9200 resistance. In case of another fall, downside should […]

The post USD/CHF Weekly Outlook appeared first on Action Forex.

previous

EUR/USD Weekly Outlook

next

EUR/GBP Weekly Outlook

Read More

21/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0920; (P) 1.0953; (R1) 1.0975; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.1008 is still extending. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. In the bigger picture, price actions […]
19/11/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2629; (P) 1.2658; (R1) 1.2707; More… Intraday bias in GBP/USD is turned neutral as consolidation from 1.2596 extends. Outlook will stay bearish as long as 12.842 support turned resistance holds. Break of 1.2596 will resume the fall from 1.3433 to 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. In the […]
28/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.97; (P) 151.60; (R1) 152.75; More… While USD/JPY’s corrective fall from 156.74 might extend lower, strong support could be seen from 38.2% retracement of 139.57 to 156.74 at 150.18 to bring rebound. ON the upside, break of 153.23 support turned resistance will turn intraday bias back to the upside for retesting 156.74. […]