Logo-color Logo-white

Daily Pivots: (S1) 0.8019; (P) 0.8037; (R1) 0.8064; More… Intraday bias in USD/CHF stays on the upside at this point. Corrective pattern from 0.7828 is still extending. Break of 0.8075 will target 100% projection of 0.7828 to 0.8075 from 0.7872 at 0.8119. On the downside, below 0.8008 minor support will turn intraday bias neutral. In […]

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

previous

EUR/USD Daily Outlook

next

USD/CAD Daily Outlook

Read More

12/04/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2516; (P) 1.2548; (R1) 1.2584; More… GBP/USD’s fall continues to as low as 1.2452 so far. Intraday bias stays on the downside for 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354 next. On the upside, above 1.2538 support turned resistance will turn intraday bias neutral and bring consolidations, because staging […]
08/01/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6655; (P) 0.6702; (R1) 0.6762; More… With 0.6759 minor resistance intact, further decline is expected in AUD/USD. Fall from 0.6870 short term top would target 55 D EMA (now at 0.6612). Some support could be seen there to bring rebound on first attempt. On the upside, however, break of 0.6759 minor resistance […]
15/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.03; (P) 158.24; (R1) 159.12; More… USD/JPY’s fall from 161.94 is seen as correcting the whole five-wave rally from 140.25. Deeper decline is in favor and sustained trading below 55 D EMA (now at 157.67) will affirm this bearish case. Next target will be 38.2% retracement of 140.25 to 161.94 at 163.65. […]