Logo-color Logo-white

Daily Pivots: (S1) 0.8795; (P) 0.8819; (R1) 0.8862; More…. Current strong rebound in USD/CHF argues that consolidation pattern from 0.8884 has completed with three waves to 0.8728. Intraday bias is mildly on the upside for 0.8891 resistance first. Firm break there will resume whole rise from 0.8332. Next target is 61.8% projection of 0.8550 to […]

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

previous

GBP/USD Mid-Day Outlook

next

EUR/USD Mid-Day Outlook

Read More

08/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0881; (P) 1.0939; (R1) 1.1002; More… Intraday bias in EUR/USD remains neutral at this point. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 support next. However, break of 1.0997 will turn bias back to the upside for retesting 1.1138 high instead. In the […]
21/09/2024

AUD/USD Weekly Report

AUD/USD’s rally from 0.6438 resumed by breaking through 0.6823 last week. Initial bias stays on the upside this week for 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915 next. On the downside, below 0.6376 minor support will turn intraday bias neutral first. But outlook will remain cautiously bullish as long as 0.6621 support […]
21/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2687; (P) 1.2707; (R1) 1.2725; More… Intraday bias in GBP/USD remains on the upside for the moment. Firm break of 1.2708 resistance will extend the rise from 1.2298 to 100% projection of 1.2298 to 1.2633 from 1.2445 at 1.2780. On the downside, below 1.2642 minor support will turn intraday bias neutral again. […]