Logo-color Logo-white

Daily Pivots: (S1) 1.0713; (P) 1.0737; (R1) 1.0765; More…. Intraday bias in EUR/USD remains neutral and outlook is unchanged. More consolidations could be seen but further fall is expected as long as 55 4H EMA (now at 1.0763) holds. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Below 1.0677 will […]

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

previous

USD/CHF Daily Outlook

next

USD/CHF Mid-Day Outlook

Read More

13/01/2024

USD/CHF Weekly Outlook

USD/CHF stayed in consolidation above 0.8332 last week and outlook is unchanged. Initial bias stays neutral this week first. Outlook will also remain bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture, down trend from […]
20/04/2024

EUR/GBP Weekly Outlook

EUR/GBP rose strongly late last week and broke through 0.8601 resistance. The development argues that fall from 0.8764 has probably completed. Initial bias is now on the upside this week for medium term trend line resistance (now at 0.8650). On the downside, below 0.8571 minor resistance will turn intraday bias neutral again first. In the […]
04/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9424; (P) 0.9484; (R1) 0.9519; More… Despite today’s recovery, further decline is expected in EUR/CHF with 0.9543 minor resistance intact. Retest of 0.9507/16 support zone should be seen next. Decisive break there will resume larger down trend. On the upside, touching 0.9543 minor resistance will delay the bearish case and turn intraday […]