Logo-color Logo-white

Daily Pivots: (S1) 0.9607; (P) 0.9624; (R1) 0.9644; More…. Immediate focus is now on 0.9683 as EUR/CHF extended the rebound from 0.9476. Decisive break there will argue that Fall from 0.9928 has completed, probably as a correction. Intraday bias will be back on the upside for retesting 0.9928 resistance. Nevertheless, rejection by 0.9683 will maintain […]

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

previous

GBP/USD Daily Outlook

next

GBP/JPY Daily Outlook

Read More

07/07/2024

EUR/USD Weekly Outlook

EUR/USD’s strong rebound last week suggests that pull back from 1.0915 has completed at 1.0665 already. Initial bias remains on the upside this week for 1.0915 resistance. Firm break there will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0919 next. On the downside, below 1.0783 minor support will turn intraday bias neutral […]
17/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2640; (P) 1.2702; (R1) 1.2748; More… Intraday bias in GBP/USD remains mildly on the downside. Fall from 1.2859 short term top would target 1.2633 resistance turned support first. Firm break there will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. For now, risk will be on the […]
11/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8743; (P) 0.8764; (R1) 0.8797; More…. Range trading continues in USD/CHF and intraday bias stays neutral at this point. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current level will retain […]