Logo-color Logo-white

Daily Pivots: (S1) 0.9609; (P) 0.9619; (R1) 0.9629; More… Intraday bias in EUR/CHF remains neutral and further rally is expected with 0.9510 support intact. On the upside, break of 0.9630 will resume the rise from 0.9252 and target 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. However, considering bearish divergence condition in […]

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

28/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 180.98; (P) 181.58; (R1) 182.14; More… GBP/JPY is still bounded in sideway trading and intraday bias remains neutral at this point. Further decline is expected as long as 184.15 resistance holds. On the downside, break of will resume the decline from 188.63 and target 38.2% retracement of 148.93 to 188.63 at 173.46. […]
07/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3643; (P) 1.3670; (R1) 1.3692; More… Intraday bias in USD/CAD stays neutral at this point. Further break of 1.3845 will resume larger rise from 1.3176 towards 1.3976 key resistance next. However, sustained trading below 55 D EMA (now at 1.3618) will argue that whole rise from 1.3176 has completed already, and target […]
05/02/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8524; (P) 0.8536; (R1) 0.8551; More… Intraday bias in EUR/GBP stays neutral for the moment. Near term outlook will stay bearish as long as 0.8591 resistance holds. Below 0.8512 will resume the decline from 0.8713 to 0.8491, and then 0.8464 projection level. However, firm break of 0.8591 will turn bias back to […]