Logo-color Logo-white

Daily Pivots: (S1) 0.8453; (P) 0.8488; (R1) 0.8516; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. While recovery from 0.8332 short term bottom could extend higher, outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 […]

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

previous

GBP/USD Daily Outlook

next

USD/JPY Daily Outlook

Read More

02/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0802; (P) 1.0826; (R1) 1.0849; More….. EUR/USD’s strong rebound and break of 1.0869 resistance suggests that pullback from 1.0947 has completed as a correction a 1.0776. More importantly, rise from 1.0601 is probably still in progress. Intraday bias is back on the upside for retesting 1.0947 first. In the bigger picture, price […]
12/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.00; (P) 164.35; (R1) 164.75; More… Intraday bias in EUR/JPY remains neutral as consolidation from 165.33 is extending. But outlook stays bullish as long as 162.59 support holds. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. On the downside, though, break of 162.59 […]
20/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.17; (P) 146.62; (R1) 148.04; More… Intraday bias in USD/JPY remains mildly on the downside at this point. Rebound from 141.67 could have completed at 149.35 after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Deeper fall would be seen to retest 141.67 low. Firm break there will resume the […]