Logo-color Logo-white

Daily Pivots: (S1) 0.8946; (P) 0.8983; (R1) 0.9049; More… Intraday bias in USD/CHF remains on the upside for the moment. Current rally from 0.8374 is in progress for 61.8% projection of 0.8374 to 0.8956 from 0.8735 at 0.9095 next. On the downside, below 0.8916 minor support will turn intraday bias neutral first. But outlook will […]

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

previous

EUR/USD Daily Outlook

next

EURJPY Wave Analysis

Read More

16/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9737; (P) 0.9756; (R1) 0.9777; More…. EUR/CHF’s rise from 0.9476 is in progress and further rally is expected with 0.9677 support holds, to retest 0.9928 high. On the downside, however, break of 0.9677 will turn bias to the downside for deeper pullback. In the bigger picture, rebound from 0.9252 medium term bottom […]
15/06/2024

AUD/USD Weekly Report

AUD/USD stayed in range of 0.6575/6713 last week and outlook is unchanged. Initial bias remains neutral this week first. Further rally is in favor with 0.6578 cluster support (38.2% retracement of 0.6361 to 0.6713 at 0.6579) intact. On the upside, firm break of 0.6713 will resume whole rise from 0.6361 to 0.6870 resistance next. However, […]
06/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0890; (P) 1.0913; (R1) 1.0954; More… EUR/USD’s breach of 1.0760 indicates that corrective recovery from there has completed after rejection by 55 D EMA (now at 1.0939), and fall from 1.1213 is resuming. Intraday bias is back on the downside for 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm […]