Logo-color Logo-white

EUR/CHF’s rebound from 0.9209 extended to as high as 0.9579 last week before retreating. Initial bias is turned neutral this week first for some consolidations. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9593) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive […]

The post EUR/CHF Weekly Outlook appeared first on Action Forex.

previous

USD/JPY Mid-Day Outlook

next

USD/JPY Weekly Outlook

Read More

01/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8534; (P) 0.8544; (R1) 0.8559; More… Intraday bias in EUR/GBP stays neutral at this point. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. On the upside, break […]
11/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8491; (P) 0.8520; (R1) 0.8536; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. Nevertheless, firm break of 0.8577 will turn bias back to the upside for stronger rebound. In […]
23/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8607; (P) 0.8626; (R1) 0.8645; More… Intraday bias in EUR/GBP remains on the upside and outlook is unchanged. Fall from 0.8764 has probably completed already. Further rally would be seen to medium term trend line resistance (now at 0.8649). Decisive break there will solidify this bullish case and target 0.8764 resistance next. […]