Logo-color Logo-white

Daily Pivots: (S1) 0.8712; (P) 0.8748; (R1) 0.8775; More…. USD/CHF recovered after hitting near term falling channel support and intraday bias is turned neutral first. Some consolidations could be seen. But risk will stay on the downside as long as 0.8886 support turned resistance holds. On the downside, break of 0.8716 temporary low will resume […]

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

previous

GBP/USD Mid-Day Outlook

next

USD/JPY Mid-Day Outlook

Read More

27/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8442; (P) 0.8453; (R1) 0.8473; More… Intraday bias in EUR/GBP remains neutral for the moment. Also, outlook stays bearish with 0.8482 support turned resistance intact. On the downside, below 0.8429 minor support will bring retest of 0.8396 low first. Further break there will resume larger down trend to 0.8376 projection level next. […]
25/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9121; (P) 0.9138; (R1) 0.9167; More…. Intraday bias in USD/CHF is back on the upside with breach of 0.9151 resistance. Current rally from 0.8332 should target 0.9243 key resistance next. On the downside, though, below 0.9085 minor support will turn intraday bias neutral again. In the bigger picture, price actions from 0.8332 […]
24/08/2024

EUR/USD Weekly Outlook

EUR/USD’s rally continued last week and the strong break of 1.1138 resistance argues that larger up trend may be resuming. Initial bias is on the upside this week for t 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232, and then 1.1274 high. On the downside, below 1.1097 minor support will turn intraday bias […]