Logo-color Logo-white

Daily Pivots: (S1) 1.3422; (P) 1.3478; (R1) 1.3510; More… Intraday bias in GBP/USD remains neutral as sideway trading continues. Overall, price actions from 1.3787 high are seen as a corrective pattern. On the upside, break of 1.3594 will resume the rebound from 1.3140 to retest 1.3787 high. Firm break there will resume the larger up […]

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

previous

EUR/AUD Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

18/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 199.46; (P) 199.96; (R1) 200.86; More… Intraday bias in GBP/JPY stays neutral for consolidations below 201.59. Further rally is expected as long as 197.18 support holds. However, considering bearish divergence condition in 4H MACD, firm break of 197.18 will confirm short term topping, and turn bias back to the downside for 191.34 […]
02/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9128; (P) 0.9176; (R1) 0.9207; More…. USD/CHF retreated after rising to 0.9223 and intraday bias is turned neutral first. Further rally is in favor as long as 0.9087 support holds. On the upside, above 0.9223 will resume larger rally to 0.9243 resistance, and 61.8% projection of 0.8728 to 0.9151 from 0.9009 at […]
18/02/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8981; (P) 0.9000; (R1) 0.9026; More… USD/CHF is still extending the consolidation pattern from 0.9200 and intraday bias remains neutral. 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 […]