Logo-color Logo-white

Daily Pivots: (S1) 0.8449; (P) 0.8472; (R1) 0.8517; More… Intraday bias in USD/CHF stays neutral and more consolidations could be seen above 0.8374. With 0.8356 resistance intact, further decline is expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend […]

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

previous

EUR/AUD Daily Outlook

next

EUR/USD Mid-Day Outlook

Read More

09/12/2023

GBP/USD Weekly Outlook

GBP/USD’s decline last week suggests that a short term top was already formed at 1.2731. Initial bias remains on the downside this week for 55 D EMA (now at 1.2441). Sustained break there will bring retest of 1.2036 low. On the upside, above 1.2611 minor resistance will turn intraday bias neutral first. In the bigger […]
18/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8536; (P) 0.8554; (R1) 0.8587; More… EUR/GBP dipped to 0.8519 but quickly recovered. Intraday bias remains neutral first. 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 […]
05/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2615; (P) 1.2640; (R1) 1.2679; More… Intraday bias in GBP/USD stays neutral for the moment. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue that whole rise from […]