Daily Pivots: (S1) 0.8805; (P) 0.8827; (R1) 0.8841; More… USD/CHF’s decline accelerated to as low as 0.8554 so far today and met 61.8% projection of 0.9196 to 0.8757 from 0.8854 at 0.8583 already. Intraday bias stays on the downside. Sustained trading below 0.8583 will pave the way to 100% projection at 0.8415. On the upside, […]
The post USD/CHF Mid-Day Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.9445; (P) 0.9517; (R1) 0.9567; More…. EUR/CHF’s fall from 0.9660 resumed with downside acceleration. Current development suggests that rise from 0.9204 has completed as a three-wave correction, after rejection by long-term falling Read more…
Daily Pivots: (S1) 0.8352; (P) 0.8401; (R1) 0.8483; More… Intraday bias in EUR/GBP stays on the upside for medium term channel resistance (now at 0.8490). Firm break there will target 100% projection of 0.8239 to Read more…
Daily Pivots: (S1) 1.7279; (P) 1.7405; (R1) 1.7587; More… EUR/AUD’s up trend resumed through 1.7417 and met 61.8% projection of 1.6355 to 1.7417 from 1.7047 at 1.7703 already. There is no sign of topping yet. Read more…