Logo-color Logo-white

Daily Pivots: (S1) 0.8498; (P) 0.8518; (R1) 0.8528; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.8332 is extending. Also, outlook stays bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture, down trend […]

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

previous

EUR/USD Mid-Day Outlook

next

EUR/JPY Daily Outlook

Read More

08/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6531; (P) 0.6565; (R1) 0.6582; More… AUD/USD recovered after hitting 0.6524 and intraday bias is turned neutral first. Some consolidations would be seen, but risk stays mildly on the downside as long as 0.6689 resistance holds. Break of 0.6524 will resume the fall from 0.6689 short term top to 55 D EMA […]
04/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.02; (P) 160.40; (R1) 161.15; More…. Intraday bias in EUR/JPY remains on the downside at this point. Fall from 164.29 is in progress for 161.8% projection of 164.29 to 161.22 from 163.70 at 158.73. Sustained break there will target 154.32 cluster support (38.2% retracement of 139.05 to 164.29 at 154.64). On the […]
03/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3480; (P) 1.3495; (R1) 1.3517; More… Intraday bias in USD/CAD remains neutral first. On the upside, above 1.3538 will resume the rebound from 1.3418 to 1.3646 resistance. ON the downside, firm break of 1.3418 will resume whole decline from 1.3946 towards 1.3176 key support. In the bigger picture, corrective pattern from 1.3976 […]