Logo-color Logo-white

Daily Pivots: (S1) 0.8579; (P) 0.8594; (R1) 0.8624; More… Intraday bias in USD/CHF is back on the upside with breach of 0.8606 temporary top. Rebound from 0.8374 is resuming for 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from 0.9223 has completed after defending 0.8332 low. Next target […]

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

previous

USD/CAD Daily Outlook

next

GBP/JPY Daily Outlook

Read More

19/10/2024

USD/JPY Weekly Outlook

USD/JPY edged higher last week even though it continued to lose upside momentum, as seen in 4H MACD. Further rally is expected as long as 148.84 minor support holds, towards 61.8% retracement of 161.94 to 139.57 at 153.39. However, break of 148.84 will turn intraday bias neutral first. Further break of 146.48 resistance turned support […]
04/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8355; (P) 0.8399; (R1) 0.8429; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, break of 0.8294 low will resume larger down trend to 0.8201 key support next. On the upside, break of 0.8446 will resume the rebound fro 0.8294 short term bottom towards 0.8624 resistance instead. In […]
23/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 142.28; (P) 143.39; (R1) 145.03; More… Intraday bias in USD/JPY remains mildly on the upside for the moment. Rebound from 139.57 short term bottom should extend to 38.2% retracement of 161.94 to 139.57 at 148.11. On the downside, below 141.73 minor support will turn bias to the downside for retesting 139.57 instead. […]