Daily Pivots: (S1) 0.9199; (P) 0.9230; (R1) 0.9253; More…. Outlook in USD/CHF is unchanged as range trading continues. Intraday bias stays neutral first. Overall, further rally is mildly in favor as long as 0.9090 support holds. On the upside, break of 0.9372 will resume the choppy rally from 0.8925 to 0.9471 high. However, break of […]
The post USD/CHF Daily Outlook appeared first on Action Forex.
Bank of America data are pointing to a growing imbalance beneath otherwise solid consumer activity in the U.S. economy. Spending data for March suggests households are still actively buying across key categories, reinforcing the view Read more…
USDJPY: ⬆️ Buy USDJPY from the support zone Likely to test resistance levels 160.40 and 161.00 USDJPY currency pair recently reversed from the support zone between the key support level 157.50 (which stopped the previous Read more…
AUDUSD: ⬇️ Sell AUDUSD reversed from key resistance level 0.7190 Likely to fall to support level 0.7100 AUDUSD currency pair recently reversed from the resistance zone between the key resistance level 0.7190 (which has been Read more…