Logo-color Logo-white

Daily Pivots: (S1) 0.8812; (P) 0.8828; (R1) 0.8853; More… Intraday bias in USD/CHF remains neutral for consolidations above 0.8776 temporary low. Further decline is expected as long as 0.8923 resistance holds. On the downside, break of 0.8776 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. However, break […]

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

previous

EUR/AUD Weekly Outlook

next

USD/JPY Mid-Day Outlook

Read More

04/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6625; (P) 0.6650; (R1) 0.6701; More… Further rally is expected in AUD/USD as long as 0.6570 support holds. Sustained break of channel resistance (now at 0.6652) will argue that whole decline from 0.7156 has completed with three waves down to 0.6269. Further rally should then be seen to 0.6894 resistance for confirmation. […]
13/04/2024

EUR/USD Weekly Outlook

EUR/USD’s fall from 1.1138 resumed by break through 1.0694 last week. Initial bias stays on the downside this week for 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. Firm break there will target 1.0447 support next. On the upside, above 1.0698 minor resistance will turn intraday bias neutral and bring consolidations first, […]
17/03/2024

EUR/JPY Weekly Outlook

EUR/JPY’s break of 162.16 minor resistance last week suggests that correction from 163.70 has completed at 160.20. Initial bias is back on the upside for retesting 163.70 resistance. Decisive break there will resume larger rally from 153.15 for 164.29 high. In case of another fall, downside should be contained by 38.2% retracement of 153.15 to […]