Logo-color Logo-white

Daily Pivots: (S1) 0.9358; (P) 0.9382; (R1) 0.9402; More… Intraday bias in EUR/CHF stays mildly on the downside at this point. Deeper pull back could be seen but downside should be contained above 0.9252 low to bring rebound. On the upside, above 0.9425 minor resistance will turn bias back to the upside. Further break of […]

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

previous

GBP/USD Mid-Day Outlook

next

EUR/USD Mid-Day Outlook

Read More

29/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3623; (P) 1.3638; (R1) 1.3662; More… Intraday bias in USD/CAD is turned neutral again with current recovery. On the downside, firm break of 1.3589 support will argue that whole rise from 1.3176 has completed at 1.3845 already. Fall from 1.3845 should then resume to 61.8% retracement of 1.3176 to 1.3845 at 1.3432. […]
30/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.16; (P) 157.44; (R1) 157.94; More… Immediate focus is now on 156.57 minor support in USD/JPY. Decisive break there will confirm short term topping at 157.70, on bearish divergence condition in 4 H MACD. Intraday bias will be back on the downside for 153.59 support. Firm break there will target 151.86 and […]
30/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0793; (P) 1.0831; (R1) 1.0860; More….. Intraday bias in EUR/USD remains on the downside for the moment. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947. Deeper decline should then be seen to 1.0601/0665 support zone next. […]