Daily Pivots: (S1) 0.8821; (P) 0.8851; (R1) 0.8874; More… Immediate focus is now on 0.8800 support in USD/CHF with today’s decline. Decisive break there will confirm short term topping at 08956. Intraday bias will be turned back to the downside for 55 D EMA (now at 0.8736). On the upside, break of 0.8956 will resume […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.4325; (P) 1.4367; (R1) 1.4392; More… Intraday bias in USD/CAD stays neutral as range trading continues. Break of 1.4279 support will bring deeper correction. But downside should be contained by 55 D Read more…
Daily Pivots: (S1) 0.6171; (P) 0.6189; (R1) 0.6213; More… Intraday bias in AUD/USD remains neutral as consolidations continue above 0.6130. Further decline is expected as long as 0.6310 resistance holds. Break of 0.6130 will resume Read more…
Daily Pivots: (S1) 1.0261; (P) 1.0286; (R1) 1.0333; More… Intraday bias in EUR/USD remains neutral as consolidations continue above 1.0176. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 1.0435 Read more…