Logo-color Logo-white

Daily Pivots: (S1) 0.8583; (P) 0.8612; (R1) 0.8655; More… USD/CHF’s rise from 0.8374 is still in progress. Intraday bias stays on the upside for 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should be seen to 61.8% retracement […]

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

previous

EUR/GBP Daily Outlook

next

GBP/USD Daily Outlook

Read More

11/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3868; (P) 1.3898; (R1) 1.3939; More… Range trading continues in USD/CAD below 1.3958 and intraday bias remains neutral. Further rally is expected as long as 1.3822 support holds. On the upside, decisive break of 1.3976 key resistance will confirm larger up trend resumption. On the downside break of 1.3822 support will bring […]
02/12/2023

EUR/CHF Weekly Outlook

EUR/CHF’s steep decline last week indicates that rebound from 0.9416 has completed at 0.9683 already, after rejection by 0.9691 cluster resistance. Initial bias stays on the downside this week for retesting 0.9407/16 support zone. Decisive break there will resume larger down trend. On the upside, touching 0.9543 minor resistance will delay the bearish case and […]
18/03/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.34; (P) 148.75; (R1) 149.47; More… Intraday bias in USD/JPY remains on the upside for the moment. Corrective fall from 150.87 should have completed at 146.47, after drawing support from 38.2% retracement of 140.25 to 150.87 at 146.81. Further rally should be seen to 150.87/89 key resistance zone. Nevertheless, on the downside, […]