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Daily Pivots: (S1) 0.9272; (P) 0.9303; (R1) 0.9319; More… Intraday bias in EUR/CHF stays mildly on the downside at this point. Fall from 0.9452 should target 0.9265 support. Firm break there should confirm that whole corrective rebound from 0.9218 has completed at 0.9452, and deeper fall should be seen to 0.9204/18 support zone. For now, […]
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In focus today Today will be light on the data front, with no immediate market movers scheduled. This week will be light in terms of data releases as the US government shutdown most likely means that the US CPI will not be released on Wednesday and as the other major economies have no tier-1 data […]
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Daily Pivots: (S1) 1.1573; (P) 1.1601; (R1) 1.1651; More… Intraday bias in EUR/USD stays neutral and some consolidations could be seen above 1.1540. Deeper decline is expected as long as 1.1778 resistance holds. On the downside, break of 1.1540 will resume the fall form 1.1917 to 1.1390 , or further to 38.2% retracement of 1.0176 […]
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Daily Pivots: (S1) 150.47; (P) 151.87; (R1) 152.58; More… Intraday bias in USD/JPY remains neutral for the moment and some more consolidations could be seen. Downside should be contained above 149.95 resistance turned support. Break of 153.26 will target 100% projection of 142.66 to 150.90 from 145.47 at 153.71. Firm break there will pave the […]
The post USD/JPY Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 1.3290; (P) 1.3329; (R1) 1.3395; More… Intraday bias in GBP/USD remains neutral and some more consolidations could be seen above 1.3260 temporary low. Overall outlook is unchanged that corrective pattern from 1.3787 is extending. Below 1.3260 will bring deeper decline but strong support should be seen from 1.3140 cluster (38.2% retracement of […]
The post GBP/USD Daily Outlook appeared first on Action Forex.
Daily Pivots: (S1) 0.7963; (P) 0.8019; (R1) 0.8050; More… Intraday bias in USD/CHF remains neutral and some more consolidations could be seen below 0.8075 temporary top. Price actions from 0.7828 are currently seen as correcting whole fall from 0.9200. Above 0.8075 will target 0.8170 resistance next. On the downside, though, break of 0.7944 support will […]
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