Logo-color Logo-white

EUR/CHF turned into sideway consolidations last week but overall outlook is unchanged. Initial bias remains neutral this week first. Fall from 0.9835 is seen as the third leg of the corrective pattern from 0.9847. Risk will stay on the downside as long as 0.9835 resistance holds. Below 0.9728 will target 0.9563. But strong support is […]

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

previous

USD/CHF Mid-Day Outlook

next

EUR/USD Weekly Outlook

Read More

08/07/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6727; (P) 0.6741; (R1) 0.6762; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally should target 61.8% projection of 0.6361 to 0.6713 from 0.6619 at 0.6837. On the downside, below 0.6699 minor support will turn intraday bias neutral first. But, near term outlook will stay bullish as […]
28/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0658; (P) 1.0688; (R1) 1.0710; More…. Range trading continues in EUR/USD and intraday bias remains neutral. Outlook stays bearish with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Firm break of 1.0667 will target 1.0601 and below. However, decisive break of 1.0760 will turn […]
06/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.01; (P) 155.75; (R1) 156.86; More…. Intraday bias in USD/JPY remains neutral at this point and outlook is unchanged. Risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen as the third leg of the corrective pattern from 160.20. On the downside, break of 154.53 […]