Logo-color Logo-white

Daily Pivots: (S1) 0.8415; (P) 0.8445; (R1) 0.8486; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral and further decline is in favor with 0.8548 resistance intact. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down […]

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

previous

GBP/USD Mid-Day Outlook

next

GBP/JPY Daily Outlook

Read More

15/06/2024

EUR/JPY Weekly Outlook

EUR/JPY engaged in sideway trading most of last week but late break of 168.01 support is inline with the case that rise from 164.01 has completed already. Initial bias is back on the downside this week. Sustained trading below 55 D EMA (now at 167.41) will extend the fall from 170.87, as the third leg […]
05/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2624; (P) 1.2654; (R1) 1.2673; More… GBP/USD retreated after breaching 1.2667 resistance briefly. Intraday bias is back on the downside with break of 55 4H EMA (now at 1.2628). Retest of 1.2517/38 support zone would be seen next. On the upside, however, firm break of 1.2682 will suggest that fall from 1.2892 […]
24/06/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6048; (P) 1.6081; (R1) 1.6134; More… Intraday bias in EUR/AUD stays neutral and consolidation from 1.6026 could extend. But upside should be limited by EUR/AUD’s down trend continued last week but it recovered after hitting 1.6026. Initial bias is neutral this week for some consolidations first. Upside should be limited by 1.6211 […]