Daily Pivots: (S1) 0.9312; (P) 0.9346; (R1) 0.9366; More…. EUR/CHF’s fall from 0.9579 extends lower today. Intraday bias remains on the downside for retesting 0.9029 low. Firm break there will resume larger down trend. On the upside, above 0.9378 minor resistance will turn intraday bias neutral first. In the bigger picture, medium term corrective pattern […]
The post EUR/CHF Daily Outlook appeared first on Action Forex.
Monday, Sep 23, 2024 Tuesday, Sep 24, 2024 Wednesday, Sep 25 2024 Thursday, Sep 26, 2024 Friday, Sep 27, 2024 The post Summary 9/23 – 9/27 appeared first on Action Forex.
The Fed announced its first rate cut with a relatively balanced rhetoric History points to a high probability of back-to-back moves Dollar/yen and Treasury yields tend to drop until the second rate cut Barring a Read more…
U.S. Highlights The Federal Reserve started its easing cycle with a bang, reducing the policy rate by 50 basis points (bps), bringing the target range to 4.75%-5.0%. Futures markets are pricing an additional 75 bps Read more…