Logo-color Logo-white

Daily Pivots: (S1) 0.9696; (P) 0.9714; (R1) 0.9727; More…. Intraday bias in EUR/CHF stays neutral at this point, as consolidation from 0.9754 is extending. Further rally is expected with 0.9639 support intact. On the upside, above 0.9754 will resume the rebound from 0.9476 to retest 0.9928 high. Nevertheless, break of 0.9639 will turn bias back […]

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

previous

EUR/USD Mid-Day Outlook

next

USD/CHF Daily Outlook

Read More

29/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.96; (P) 153.85; (R1) 154.59; More… Intraday bias in USD/JPY remains neutral for consolidation above 151.93. Further decline is expected as long as 155.36 support turned resistance holds. On the downside, decisive break of 151.89 resistance turned support will argue that large scale correction is underway to 148.66 fibonacci level. Nevertheless, break […]
25/03/2024

USD/JPY Weekly Outlook

USD/JPY’s rally resumed last week and edged higher to 151.82, but turned sideway since then. Initial bias stays neutral this week for more consolidations. Further rally is expected as long as 55 4H EMA (now at 150.11) holds. On the upside, decisive break of 151.93 key resistance will confirm long term up trend resumption. Next […]
11/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.33; (P) 147.23; (R1) 147.96; More… Intraday bias in USD/JPY remains on the downside and outlook is unchanged. Sustained break of 38.2% retracement of 140.25 to 150.87 at 146.81 will argue that fall from 150.87 is reversing the whole rally from 140.25. In this case, deeper decline would be seen to 61.8% […]