Logo-color Logo-white

Daily Pivots: (S1) 0.8467; (P) 0.8511; (R1) 0.8535; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.8332 is in progress. Outlook stays bearish with 0.8665 support turned resistance intact. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture, break of 0.8551 support […]

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

previous

GBP/USD Daily Outlook

next

USD/JPY Daily Outlook

Read More

10/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 194.08; (P) 194.48; (R1) 195.11; More.. GBP/JPY’s rebound from 191.34 is still in progress and intraday bias stays on the upside. This rebound is seen as the second leg of the corrective pattern. Further rise would be seen back to 197.40 resistance. On the downside, however, break of 193.82 minor support will […]
06/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9235; (P) 0.9310; (R1) 0.9408; More…. EUR/CHF recovered after hitting 0.9029 and intraday bias is turned neutral for consolidations first. But near term outlook will stay bearish as long as 0.9476 support turned resistance holds. Below 0.9209 will target 161.8% projection of 0.9928 to 0.94767 from 0.9772 at 0.9041 next. In the […]
20/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.58; (P) 150.27; (R1) 151.55; More… USD/JPY surges past 150.87 resistance to resume the rally from 140.25. Intraday bias stays on the upside for next key resistance at 151.93. Decisive break there will confirm long term up trend resumption. Next near term target will be 61.8% projection of 140.25 to 150.87 from […]