Daily Pivots: (S1) 0.9111; (P) 0.9130; (R1) 0.9165; More…. Intraday bias in USD/CHF remains neutral as sideway consolidation continues. On the upside, firm break of 0.9151 will resume the rally from 0.8332 and should target 0.9243 key resistance next. On the downside, break of 0.9085 will turn bias to the downside for deeper pullback. In […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3575; (P) 1.3618; (R1) 1.3646; More… USD/CAD’s fall from 1.3845 resumes with break of 1.3608 support. Intraday bias is back on the downside, and further fall would be seen to 100% projection Read more…
Daily Pivots: (S1) 0.6645; (P) 0.6670; (R1) 0.6720; More… Intraday bias in AUD/USD remains on the upside at tis point. Sustained break of 61.8% projection of 0.6464 to 0.6645 from 0.6578 at 0.6690 will target Read more…
Markets US CPI inflation contrasted with the PPI shocker (+0.5% M/M) from Tuesday. Price pressures eased slightly in April (0.3% M/M for headline and core; down from 0.4% M/M for both in March) but the Read more…