Logo-color Logo-white

Daily Pivots: (S1) 0.8625; (P) 0.8643; (R1) 0.8669; More…. Intraday bias in USD/CHF is mildly on the downside at this point. Rebound from 0.8431 might have completed at 0.8701 already. Deeper fall would be seen back to retest 0.8431 low. On the upside, however, firm break of 38.2% retracement of 0.9223 to 0.8431 at 0.8734 […]

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

previous

AUD/USD Daily Report

next

GBP/JPY Daily Outlook

Read More

22/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3714; (P) 1.3760; (R1) 1.3795; More… Intraday bias in USD/CAD stays neutral at this point. Pull back from 1.3845 could extend lower, but downside should be contained by 1.3660 support to bring another rally. On the upside, firm break of 1.3845 will resume the whole rally from 1.3716 to 1.3976 key resistance. […]
02/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8409; (P) 0.8429; (R1) 0.8441; More…. Immediate focus is now on 0.8498 resistance in EUR/GBP as rebound from 0.8382 accelerates higher. Decisive break there will indicate that fall from 0.8643 has completed with five waves down to 0.8382. Further rally should then be seen to channel resistance (now at 0.8560). Nevertheless, rejection […]
11/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8564; (P) 0.8577; (R1) 0.8589; More…. Intraday bias in EUR/GBP remains neutral as consolidation from 0.8552 is extending. IN case of another recovery, upside should be limited below 0.8648 support turned resistance to bring another decline. Below 0.8552 will target 0.8491 low first. Firm break there will resume larger down trend. In […]