Logo-color Logo-white

Daily Pivots: (S1) 0.8818; (P) 0.8834; (R1) 0.8855; More… Intraday bias in USD/CHF remains neutral for the moment. Consolidation from 0.8757 could extend. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 to […]

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

previous

EUR/GBP Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

28/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2665; (P) 1.2681; (R1) 1.2702; More… While GBP/USD dips notably today, downside is held well above 1.2517 support. Intraday bias remains neutral first and outlook is unchanged. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting […]
29/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0855; (R1) 1.0869; More….. EUR/USD’s fall from 1.0947 resumed by breaking 1.0825 temporary low and intraday bias is back on the downside. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947. Deeper decline should then […]
22/10/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6633; (P) 0.6679; (R1) 0.6704; More… AUD/USD recovered quickly after brief breach of 0.6657 and intraday bias stays neutral first. Further decline is expected as long as 0.6758 resistance holds. Below 0.6657 will target 0.6621 first. Firm break there will confirm bearish reversal. However, break of 0.6758 will suggest that pullback from […]