Logo-color Logo-white

USD/CHF dipped further to 0.8550 last week but recovered since then. Initial bias remains neutral this week first On the upside, above 0.8727 will resume the rebound from 0.8332, and target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, below 0.8550 will resume the fall from 0.8727 for 0.8487 support. In the […]

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

previous

EUR/CHF Weekly Outlook

next

GBP/USD Daily Outlook

Read More

05/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0791; (P) 1.0804; (R1) 1.0825; More…. Intraday bias in EUR/USD remains on the upside for the moment. Rise from 1.0665 is in progress to 1.0915 resistance first. Firm break there will resume whole rebound from 1.0601. Nevertheless, on the downside, below 1.0775 minor support will turn intraday bias neutral first. In the […]
01/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2465; (P) 1.2517; (R1) 1.2544; More… Intraday bias in GBP/USD remains neutral for the moment and outlook is unchanged. On the upside, above 1.2568 will resume the rebound from 1.2298 to 55 D EMA (now at 1.2578). Sustained break there will argue that fall from 1.2892 has completed already, and bring further […]
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 […]