Logo-color Logo-white

Daily Pivots: (S1) 0.8835; (P) 0.8845; (R1) 0.8856; More…. Intraday bias in USD/CHF remains on the downside for the moment. Fall from 0.9223 should target 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8880 support turned resistance will turn intraday bias neutral first. But risk will stay on the downside […]

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

previous

GBP/USD Daily Outlook

next

EUR/CHF Daily Outlook

Read More

11/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.33; (P) 147.23; (R1) 147.96; More… Intraday bias in USD/JPY stays on the downside at this point. Sustained break of 38.2% retracement of 140.25 to 150.87 at 146.81 will argue that fall from 150.87 is reversing the whole rally from 140.25. In this case, deeper decline would be seen to 61.8% retracement […]
13/07/2024

EUR/CHF Weekly Outlook

EUR/CHF’s late breach of 0.9754 resistance last week suggests that rise from 0.9476 is resuming. Initial bias is back on the upside this week. Further rally would be seen to retest 0.9928 high. On the downside, however, break of 0.9677 will turn bias to the downside for deeper pullback. In the bigger picture, rebound from […]
05/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8983; (P) 0.9012; (R1) 0.9031; More… Intraday bias in USD/CHF remains neutral first as consolidation from 0.9049 is extending. Further rise is mildly in favor as long as 0.8956 support holds. Above 0.9049 will affirm the case that corrective fall from 0.9223 has completed at 0.8825. Further rally would then be seen […]