Daily Pivots: (S1) 0.8431; (P) 0.8508; (R1) 0.8656; More… Intraday bias in USD/CHF is turned neutral first with current recovery, and some consolidations would be seen. But near term outlook will stay bearish as long as 0.8673 resistance holds. Below 0.8358 will resume the fall from 0.9196 to 161.8% projection of 0.9196 to 0.8757 from […]
The post USD/CHF Daily Outlook appeared first on Action Forex.
The EURUSD currency pair is showing strong signs of continuing its upward trend, based on Elliott Wave analysis. Since its low on September 26, 2022, the pair has been climbing. However, it hasn’t yet hit Read more…
Key Highlights USD/JPY started a fresh decline below the 145.00 level. A short-term contracting triangle is forming with resistance at 143.10 on the 4-hour chart. EUR/USD could aim for a move above the 1.1420 resistance Read more…
Japan’s CPI core (excluding fresh food) accelerated from 3.0% yoy to 3.2% yoy in March, matching expectations, and marking the third consecutive year it has remained above BoJ’s 2% target. CPI core-core, which strips out Read more…