Logo-color Logo-white

Daily Pivots: (S1) 0.8574; (P) 0.8597; (R1) 0.8639; More…. Immediate focus in now on 0.8665 support turned resistance as rebound from 0.8332 extends today. Decisive break there will turn near term outlook bullish for 61.8% retracement of 0.9243 to 0.8332 at 0.8995. Nevertheless, break of 0.8565 minor support will turn intraday bias back to the […]

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

previous

USD/CAD Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

02/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9014; (P) 0.9036; (R1) 0.9066; More…. Intraday bias in USD/CHF remains neutral at this point. Further rally is expected as long as 0.8964 support holds. Firm break of 0.9070 will resume larger rise from 0.8332 towards 0.9243 key resistance next. In the bigger picture, price actions from 0.8332 medium term bottom as […]
14/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2732; (P) 1.2770; (R1) 1.2802; More… Intraday bias in GBP/USD remains neutral at this point. Further is expected with 1.2687 support intact. Break of 1.2859 will target 1.2892 resistance. Decisive break there will strengthen the case that correction from 1.3141 has completed, and bring further rally to retest this high. However, firm […]
08/02/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6511; (P) 0.6526; (R1) 0.6535; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6468 is extending. Stronger recovery cannot be ruled out, but outlook will stay bearish as long as 0.6621 resistance holds. On the downside, break of 0.6468 will resume the fall from 0.6870, as part of the down […]