Logo-color Logo-white

Daily Pivots: (S1) 0.8379; (P) 0.8428; (R1) 0.8480; More… Intraday bias in USD/CHF is turned neutral with 4H MACD crossed above signal line. But further decline will remain in favor as long as 0.8536 resistance holds. Below 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down […]

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

previous

EUR/AUD Daily Outlook

next

GBP/USD Mid-Day Outlook

Read More

18/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 179.50; (P) 180.62; (R1) 181.41; More… Intraday bias in GBP/JPY remains neutral and some more consolidations could be seen above 178.32. But near term outlook stays bearish as long as 184.30 resistance holds. Decisive break of 178.02/32 support zone will resume whole fall from 188.63 to 38.2% retracement of 148.93 to 188.63 […]
03/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0736; (P) 1.0758; (R1) 1.0790; More… Intraday bias in EUR/USD is turned neutral with current recovery and some consolidation would be seen first. But risk will stay on the downside as long as 1.0834 support turned resistance holds, in case of recovery. Below 1.0723 will bring retest of 1.0694 support first. Decisive […]
18/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 154.11; (P) 154.43; (R1) 154.71; More… Intraday bias in USD/JPY is turned neutral with current retreat. Considering bearish divergence condition in 4H MACD, in case of another rise, upside should be limited by 155.20 fibonacci projection level. On the downside, break of 153.89 minor support will turn bias back to the downside […]