Logo-color Logo-white

Daily Pivots: (S1) 0.9128; (P) 0.9176; (R1) 0.9207; More…. Intraday bias in USD/CHF remains neutral for the moment. Further rally is still in favor as long as 0.9087 support holds. On the upside, above 0.9223 will resume larger rally to 0.9243 resistance. Decisive break there will carry larger bullish implication. However, firm break of 0.9087 […]

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

previous

USD/JPY Mid-Day Outlook

next

GBP/JPY Daily Outlook

Read More

16/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9001; (P) 0.9036; (R1) 0.9057; More…. Intraday bias in USD/CHF is turned neutral again first with current recovery. But further decline is expected as long as 0.9101 resistance holds. Break of 0.8987 will resume the whole fall from 0.9223 and target 38.2% retracement of 0.8332 to 0.9223 at 0.8883 next. However, break […]
15/05/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2538; (P) 1.2565; (R1) 1.2621; More… GBP/USD’s rebound from 1.2298 resumed by breaking through 1.2633 and intraday bias is back on the upside. Further rise should be seen to 1.2708 resistance first. Firm break there will pave the way back to 1.2892. On the downside, below 1.2586 minor support will turn intraday […]
15/02/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2531; (P) 1.2571; (R1) 1.2606; More… Outlook in GBP/USD is unchanged and intraday bias stays neutral at this point. On the upside, break of 1.2691 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will argue […]