Logo-color Logo-white

Daily Pivots: (S1) 0.8883; (P) 0.8908; (R1) 0.8921; More…. Intraday bias in USD/CHF remains neutral as range trading continues. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, […]

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

previous

AUD/USD Mid-Day Report

next

GBP/JPY Daily Outlook

Read More

05/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.79; (P) 163.15; (R1) 163.77; More… Intraday bias in EUR/JPY stays neutral first. Corrective pattern from 163.70 could extend further. Break of 161.67 minor support should push the cross through channel support (now at 161.35) to 38.2% retracement of 153.15 to 163.70 at 159.66. Nevertheless, firm break of 163.70 will resume whole […]
22/07/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2886; (P) 1.2930; (R1) 1.2958; More… Intraday bias in GBP/USD remains neutral first. Downside of consolidations should be contained by 1.2859 resistance turned support to bring another rally. Break of 1.3043 will resume the rise from 1.2298 and target 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly […]
08/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.82; (P) 194.17; (R1) 196.61; More… Intraday bias in GBP/JPY remains neutral for the moment. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. On the downside, break of 189.54 will turn bias back to the downside for 183.70 […]