Logo-color Logo-white

While EUR/CHF’s recovery from 0.9402 extended last week, it failed to break through 0.9543 resistance and reversed from there. Initial bias remains neutral this week first, and further decline is expected. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 […]

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

previous

EUR/AUD Weekly Outlook

next

EUR/USD Weekly Outlook

Read More

17/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2397; (P) 1.2435; (R1) 1.2463; More… Intraday bias in GBP/USD remains neutral for more consolidations. Upside of recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, firm break of 1.2404 will resume the decline from 1.2892 to 100% projection of 1.2892 to 1.2538 from 1.2708 at […]
17/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8922; (P) 0.8951; (R1) 0.8967; More… Intraday bias in USD/CHF is back on the downside as fall from 0.9049 resumed through 0.8914 temporary low. Deeper decline is expected to retest 0.8825 support next. Firm break there will resume whole fall from 0.9223 and target 60% retracement of 0.8332 to 0.9223 at 0.8672 […]
05/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0917; (P) 1.0944; (R1) 1.0974; More… Intraday bias in EUR/USD remains neutral and further decline is mildly in favor with 1.1014 minor resistance holds. Below 1.0892 will resume the fall from 1.1138 short term top for 1.0772 support. Sustained break there will argue that whole rise from 1.0447 has completed, and break […]