Logo-color Logo-white

Daily Pivots: (S1) 0.8652; (P) 0.8664; (R1) 0.8679; More… USD/CHF’s rally from 0.8374 resumed after brief consolidations, and intraday bias is back on the upside. Decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to […]

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

previous

EUR/USD Daily Outlook

next

EUR/AUD Daily Outlook

Read More

13/11/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 153.72; (P) 154.32; (R1) 155.23; More… USD/JPY’s rally resumed by breaking 154.70 and intraday bias is back on the upside. Current rise from 139.57 will 61.8% projection of 141.63 to 153.87 from 151.27 at 158.8. On the downside, below 153.40 minor support will turn intraday bias neutral again first. But further rally […]
29/06/2024

GBP/USD Weekly Outlook

GBP/USD’s fall from 1.2859 tied to continued last week but failed to sustain below 1.2633 resistance turned support. Still, further decline is expected as long as 1.2702 resistance holds. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. On the upside, however, firm […]
25/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 154.91; (P) 155.15; (R1) 155.58; More… USD/JPY’s rally accelerates today and breaks through 155.20 fibonacci level. There is no sign of topping yet. Intraday bias stays on the upside at this point. Sustained trading above 155.20 will pave the way 100% projection of 140.25 to 150.87 from 146.47 at 157.09. For now, […]