Logo-color Logo-white

EUR/CHF’s choppy rise from 0.9209 extended higher last week and there is no sign of topping yet. Initial bias stays on the upside this week for next fibonacci resistance at 0.9651. For now, further rally will remain in favor as long as 0.9424 support holds, in case of retreat. In the bigger picture, fall from […]

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

previous

EUR/AUD Weekly Outlook

next

GBP/USD Weekly Outlook

Read More

12/11/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0614; (P) 1.0671; (R1) 1.0713; More… EUR/USD’s fall from 1.1213 is in progress and intraday bias stays on the downside. Next target is100% projection of 1.1213 to 1.0760 from 1.0936 at 1.0483. On the upside, above 1.0686 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long […]
16/01/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9090; (P) 0.9122; (R1) 0.9158; More… USD/CHF is staying in consolidation below 0.9200 and intraday bias stays neutral. As long as 0.9007 support holds, near term outlook remains bullish. On the upside, decisive break of 0.9223 will carry larger bullish implications. However, break of 0.9007 will confirm short term topping, and turn […]
08/12/2024

EUR/USD Weekly Outlook

EUR/USD’s rebound from 1.0330 short term bottom extended higher last week. Initial bias is mildly on the upside this week for further rise to 55 D EMA (now at 1.0729). But strong resistance could be seen there to limit upside. On the downside, break of 1.0471 minor support will turn bias to the downside for […]