Logo-color Logo-white

Daily Pivots: (S1) 0.8770; (P) 0.8790; (R1) 0.8790; More… USD/CHF’s rally is in progress and intraday bias stays on the upside. Current rise from 0.8374 should target 61.8% retracement of 0.9223 to 0.8374 at 0.8899. Sustained trading above there will pave the way towards 0.9223 high. On the downside, below 0.8773 support will turn intraday […]

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

previous

EUR/CHF Daily Outlook

next

USD/JPY Mid-Day Outlook

Read More

19/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0942; (P) 1.0980; (R1) 1.1010; More….. Intraday bias in EUR/USD remains on the upside for 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1058. Decisive break there could prompt upside acceleration through 1.1138 resistance to 161.8% projection at 1.1232. However, considering bearish divergence condition in 4H MACD, break of 1.948 support […]
30/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2976; (P) 1.2996; (R1) 1.3033; More… GBP/USD dips notably today but stays in range above 1.2906, and intraday bias remains neutral. Further decline is expected as long as 1.3070 minor resistance holds. Below 1.2906 will target 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bearish divergence condition in 4H MACD, […]
05/12/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6231; (P) 1.6312; (R1) 1.6426; More… The break of 1.6359 resistance in EUR/AUD is tentatively taken as a the first sign of near term bullish reversal. Intraday bias now mildly on the upside for 1.6598 resistance. Firm break there will confirm successful defense of 1.5996 support and bring further rally. Nevertheless, break […]