Logo-color Logo-white

Daily Pivots: (S1) 0.8379; (P) 0.8428; (R1) 0.8480; More… Intraday bias in USD/CHF remains neutral and further decline is expected as long as 0.8536 resistance holds. Below 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 4H MACD, […]

The post USD/CHF Mid-Day Outlook appeared first on Action Forex.

previous

USD/CHF Daily Outlook

next

EUR/USD Daily Outlook

Read More

07/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0731; (P) 1.0746; (R1) 1.0770; More… Intraday bias in EUR/USD is turned neutral first with current recovery. Focus remains on 1.0722 structural support. Decisive break there will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to target this low. On the upside, break of 1.0896 resistance […]
23/04/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3673; (P) 1.3713; (R1) 1.3739; More… No change in USD/CAD’s outlook as retreat from 1.3845 is extending. Intraday bias stays neutral at this point. Downside should be contained by 1.3660 support to bring another rally. On the upside, firm break of 1.3845 will resume the whole rally from 1.3716 to 1.3976 key […]
14/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9418; (P) 0.9430; (R1) 0.9446; More… EUR/CHF’s rally extends today, and it’s now pressing 0.9471 resistance. Intraday bias stays on the upside. Firm break of 0.9471 will confirm resumption of whole rebound from 0.9252. Next target is 100% projection of 0.9252 to 0.9471 from 0.9304 at 0.9523. On the downside, below 0.9428 […]