Logo-color Logo-white

Daily Pivots: (S1) 0.9026; (P) 0.9038; (R1) 0.9052; More… Intraday bias in USD/CHF remains on the upside as rise from 0.8825 is in progress. Fall from 0.9223 might have completed as a three-wave corrective move to 0.8825. Sustained trading above the near term falling channel resistance will bring further rally to 0.9157 resistance next. On […]

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

previous

GBP/JPY Daily Outlook

next

USD/CAD Daily Outlook

Read More

06/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8563; (P) 0.8575; (R1) 0.8586; More…. Despite some loss of downside momentum, there is no sign of bottoming yet. Intraday bias stays on the downside. Fall from 0.8764 should target a retest on 0.8491 low. Firm break there will resume larger down trend. On the upside, above 0.8587 minor resistance will turn […]
08/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3538; (P) 1.3593; (R1) 1.3645; More… Intraday bias in USD/CAD remains on the upside for channel resistance at 1.3670 first. Sustained break there would prompt upside acceleration towards 1.3897 resistance next. For now, near term outlook will stay bullish as long as 1.3477 support holds, in case of retreat. In the bigger […]
20/08/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6417; (P) 1.6506; (R1) 1.6555; More… Immediate focus is now on 1.6474 support in EUR/AUD. Decisive break there will argue that rise from 1.5996 has completed, and dampen the larger bullish view. Intraday bias will be back on the downside for deeper fall towards 1.5996 in this case. Nevertheless, strong rebound from […]