Logo-color Logo-white

Daily Pivots: (S1) 0.9101; (P) 0.9117; (R1) 0.9137; More… USD/CHF’s rally resumed by breaking through 0.9136 and intraday bias back on the upside. Current rise from 0.8374 will now target 0.9223 key resistance next. Decisive break there will carry larger bullish implications. For now, near term outlook will stay bullish as long as 0.9007 support […]

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

previous

EUR/USD Mid-Day Outlook

next

EUR/USD Weekly Outlook

Read More

17/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1093; (P) 1.1115; (R1) 1.1156; More…. Intraday bias in EUR/USD remains neutral for the moment. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, below 1.1072 minor support will turn bias back to the downside […]
17/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2950; (P) 1.3018; (R1) 1.3060; More… Intraday bias in GBP/USD remains on the downside and outlook is unchanged. Sustained trading below 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) will argue that whole rise from 1.2298 has completed and bring deeper fall to 61.8% retracement at 1.2732. Nevertheless, strong […]
05/01/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6215; (P) 1.6280; (R1) 1.6385; More.. EUR/AUD’s breach of 1.6313 resistance suggests short term bottoming at 1.6127, on bullish convergence condition in 4H MACD, just ahead of 100% projection of 1.7062 to 1.6319 from 1.6844 at 1.6106. Intraday bias is mildly on the upside for 1.6478 resistance next. For now, risk will […]