Logo-color Logo-white

Daily Pivots: (S1) 0.8587; (P) 0.8648; (R1) 0.8690; More…. Intraday bias in USD/CHF is staying mildly on the downside. Fall from 0.8727 could extend to 0.8487 support. Break there will argue that rebound from 0.8332 has completed at 0.8727, after rejection by 55 D EMA (now at 0.8686). Deeper fall would be seen to retest […]

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

previous

USD/CAD Daily Outlook

next

EUR/USD Daily Outlook

Read More

19/12/2023

USD/CAD Mid-Day Outlook

Daily Pivots: (S1) 1.3363; (P) 1.3386; (R1) 1.3422; More… USD/CAD’s decline is resuming by breaking 1.3348 temporary low. Intraday bias is back on the downside. Sustained trading below 1.3378 will extend the fall from 1.3897 to retest 1.3091 support next. On the upside above 1.3408 minor resistance will turn intraday bias neutral again. But risk […]
27/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 142.11; (P) 142.37; (R1) 142.64; More… USD/JPY is staying in sideway consolidation and intraday bias remains neutral at this point. In case of stronger recovery, upside should be limited below 146.58 resistance. On the downside, firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci […]
16/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8525; (P) 0.8539; (R1) 0.8551; More… Outlook in EUR/GBP remains unchanged as range trading continues. Intraday bias stays neutral at this point. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting […]