Logo-color Logo-white

Daily Pivots: (S1) 0.8470; (P) 0.8491; (R1) 0.8520; More… No change in USD/CHF’s outlook and intraday bias stays neutral. More consolidations could be seen above 0.8399. Further decline is expected as long as 0.8540 resistance holds. Break of 0.8339 will target 61.8% projection of 0.9049 to 0.8431 from 0.8747 at 0.8365, and then 0.8332 low. […]

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

previous

USD/JPY Mid-Day Outlook

next

GBP/JPY Daily Outlook

Read More

09/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0886; (P) 1.0915; (R1) 1.0949; More….. Intraday bias in EUR/USD remains neutral first and outlook is unchanged. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further break there will resume recent rally […]
17/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8572; (P) 0.8580; (R1) 0.8585; More… Intraday bias in EUR/GBP remains on the downside at this point. Further fall should be seen to 0.8529 support. Decisive break there will argue that larger down trend is ready to resume. For now, risk will stay on the downside as long as 0.8619 resistance holds, […]
29/06/2024

GBP/JPY Weekly Outlook

GBP/JPY’s up trend continued last week and outlook is unchanged. Initial bias stays on the upside this week. Next target is 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On the downside, below 202.41 minor support will turn intraday bias neutral and bring consolidations. But outlook will remain bullish as long as […]