Logo-color Logo-white

Daily Pivots: (S1) 0.8453; (P) 0.8491; (R1) 0.8561; More… Intraday bias in USD/CHF remains neutral for the moment Rejection by 0.8536 resistance will retain near term bearishness. Break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering bullish convergence condition in […]

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

previous

EUR/CHF Daily Outlook

next

GBP/USD Mid-Day Outlook

Read More

04/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0888; (P) 1.0927; (R1) 1.0960; More… Intraday bias in EUR/USD stays on the downside at this point. Fall from 1.1138 short term top is in progress for 1.0772 support. Sustained break there will argue that whole rise from 1.0447 has completed, and break deeper fall back to this support. On the upside, […]
28/12/2023

USD/JPY Daily Outlook

Daily Pivots: (S1) 141.31; (P) 142.08; (R1) 142.61; More… Intraday bias in USD/JPY remains neutral despite today’s decline. Sideway trading could still continue in range above 140.94. But in case of another recovery, upside should be limited by 144.94 resistance. On the downside, firm break of 140.94 will resume the whole fall from 151.89. Next […]
01/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0772; (P) 1.0789; (R1) 1.0810; More… Intraday bias in EUR/USD remains on the downside for the moment. Fall from 1.0980 should target 1.0694 support first. Break there will resume the whole decline from 1.1138 and target 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. Nevertheless, break of 1.0863 minor resistance […]