Logo-color Logo-white

Daily Pivots: (S1) 1.2688; (P) 1.2750; (R1) 1.2784; More… Intraday bias in GBP/USD remains neutral at this point and outlook is unchanged. . Considering bearish divergence condition in 4H MACD, firm break of 1.2680 support will turn bias back to the downside for 55 D EMA (now at 1.2651) and possibly below. Nevertheless, break of […]

The post GBP/USD Mid-Day Outlook appeared first on Action Forex.

previous

GBP/JPY Daily Outlook

next

AUD/USD Daily Report

Read More

15/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3482; (P) 1.3511; (R1) 1.3563; More… USD/CAD’s break of 1.3524 minor resistance suggests that pull back from 1.3605 has completed at 1.3419 already. Also, rise from 1.3176 is in progress. Intraday bias is back on the upside for retesting 1.3605 resistance first. Firm break there will resume whole rally from 1.3176. On […]
09/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8379; (P) 0.8428; (R1) 0.8480; More… Intraday bias in USD/CHF is turned neutral with 4H MACD crossed above signal line. But further decline will remain in favor as long as 0.8536 resistance holds. Below 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down […]
30/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8594; (P) 0.8626; (R1) 0.8645; More…. Outlook in USD/CHF remains unchanged as range trading continues. Intraday bias stays neutral at this point. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this […]