Logo-color Logo-white

EUR/CHF surged to as high as 0.9634 last week but faced strong resistance from long term falling channel and retreated. Initial bias stays neutral this week first and some more consolidations could be seen. Further rally will be expected as long as 55 4H EMA (now at 0.9467) holds. On the upside, above 0.9634, and […]

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

previous

EUR/USD Mid-Day Outlook

next

AUD/USD Weekly Report

Read More

16/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9101; (P) 0.9126; (R1) 0.9141; More…. Intraday bias in USD/CHF remains neutral and more consolidations could be seen. But further rally is expected as long as 0.8996 support holds. Firm break of 0.9151 will target 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.9268. In the bigger picture, price actions from […]
24/05/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 156.55; (P) 156.92; (R1) 157.30; More… Intraday bias in USD/JPY is back on the upside with break of 156.78 resistance. Rise from 161.86, as the second leg of the corrective pattern from 160.20, should now target 100% projection of 151.86 to 156.78 from 153.59 at 158.51. On the downside, below 155.83 minor […]
27/07/2024

USD/CHF Weekly Outlook

USD/CHF edged lower to 0.8776 last week but recovered again. Initial bias stays neutral this week first. As long as 0.8923 resistance holds, further decline is expected. On the downside, break of 0.8776 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. However, break of 0.8923 will turn […]