USD/CHF Daily Outlook – ActionForex

Daily Pivots: (S1) 0.7712; (P) 0.7735; (R1) 0.7751; More….

Intraday bias in USD/CHF remains neutral as consolidation pattern from 0.7603 is still extending. In case of stronger rise, upside upside should be limited by 55 D EMA (now at 0.7828) to complete the pattern. On the downside, below 0.7627 will bring retest of 0.7603. Firm break there will resume larger down trend, and target 0.7382 projection level next. However, sustained break of 55 D EMA will indicate that a larger scale corrective bounce in underway and target 0.8039 resistance next.

In the bigger picture, down trend from 1.0342 (2017 high) is still in progress. Next target is 100% projection of 1.0146 (2022 high) to 0.8332 from 0.9200 at 0.7382. In any case, outlook will stay bearish as long as 0.8123 resistance holds.

Source link

Visited 1 times, 1 visit(s) today

Related Article

EUR/GBP Daily Outlook - ActionForex

EUR/GBP Daily Outlook – ActionForex

Daily Pivots: (S1) 0.8710; (P) 0.8727; (R1) 0.8745; More… Intraday bias in EUR/GBP remains neutral for the moment. On the upside, decisive break of 0.8744 resistance. should confirm that fall from 0.8863 has completed as a correction at 0.8661. Further rise should then be seen back to retest 0.8663 high. On the downside, break of

EUR/JPY Daily Outlook - ActionForex

EUR/JPY Daily Outlook – ActionForex

Daily Pivots: (S1) 182.42; (P) 183.30; (R1) 184.44; More… Intraday bias in EUR/JPY stays mildly on the upside for the moment. Near term corrective fall from 187.86 could have completed at 180.78. Further rise should be seen back to retest 186.22/86 resistance zone. On the downside, though, below 181.96 will bring another decline to 38.2%

GBP/USD: Recovery Attempts Remain Capped for the Third Straight Day

GBP/USD: Recovery Attempts Remain Capped for the Third Straight Day

Cable edged higher on Wednesday and retests the ceiling of near-term range in which the price holds for the third straight day. Double-Doji candle (Mon/Tue) with longer upper shadows points to indecision, as technical studies remain mixed. Rising daily Ichimoku cloud (spanned between 1.3428 and 1.3302) underpins, while diverging daily Tenkan/Kijun-sen after creating a bear-cross,

Pulls Back to Test Potential Supp

Pulls Back to Test Potential Supp

Created on February 25, 2026 I like gold at the moment, but we need to see if the previous resistance is going to be held as support. This might be what Tuesday was all about. The gold market has fallen quite a bit during the trading session on Tuesday as we are starting to see

AUD/USD: Lifted by Higher Than Expected Inflation

AUD/USD: Lifted by Higher Than Expected Inflation

AUDUSD jumped to two-week high (0.7116) in early Wednesday’s trading following release of Australian CPI data. Inflation remained elevated and unchanged in January compared to previous month (3.8%; Core 3.4% – the highest in 16 months) beating forecasts (3.3%; Core 3.7%) and boosting bets for another rate hike, after the RBA raised interest rates by

USD/CAD Daily Outlook - ActionForex

USD/CAD Daily Outlook – ActionForex

Daily Pivots: (S1) 1.3686; (P) 1.3705; (R1) 1.3719; More… USD/CAD edged higher to 1.3724 but quickly retreated. Intraday bias stays neutral for the moment. Consolidations from 1.3480 is in progress and stronger rebound might be seen. But upside should be limited by 55 D EMA (now at 1.3733) to complete the pattern. On the downside,

AUD/USD Daily Report - ActionForex

AUD/USD Daily Report – ActionForex

Daily Pivots: (S1) 0.7032; (P) 0.7053; (R1) 0.7079; More… AUD/USD bounces notably today but stays in range below 0.7146. Intraday bias remains neutral first. Consolidations could continue and deeper retreat cannot be ruled out. But downside should be contained above 0.6896 support. On the upside, above 0.7146 will resume larger up trend to 100% projection

Forex volatility analysis showing impact of US tariffs and geopolitical tensions on currency markets

US Tariff Turmoil and Geopolitical Tensions Trigger Chaotic Market Start

BitcoinWorldForex Volatility: US Tariff Turmoil and Geopolitical Tensions Trigger Chaotic Market Start Global currency markets experienced a turbulent opening this week as renewed US tariff announcements and escalating geopolitical tensions triggered significant volatility across major forex pairs. Monday’s trading session saw dramatic swings in the US dollar, euro, and Japanese yen as traders reacted to

image

EUR/USD Forex Signal 24/02: Bullish Outlook

Created on February 24, 2026 The EUR/USD exchange rate remained in a tight range on Tuesday morning as traders waited for the upcoming statements from several Federal Reserve officials and key macro data from the US. It was trading at 1.1790, down sharply from the year-to-date high of 1.2095. The EUR/USD pair exchange rate pulled

US consumer confidence rises to 91.2, inflation and trade still weigh

US consumer confidence rises to 91.2, inflation and trade still weigh

US consumer confidence improved modestly in February, with the The Conference Board index rising from 89.0 to 91.2, beating expectations of 88.2. The rebound follows January’s decline and suggests some stabilization in household sentiment, though overall levels remain well below the November 2024 peak of 112.8. The details were mixed. The Present Situation Index slipped

OANDA Embeds AI in Core Forex Trading Infrastructure, Focusing on Liquidity, Pricing and Compliance

OANDA Embeds AI in Core Forex Trading Infrastructure, Focusing on Liquidity, Pricing and Compliance

New York, United States, February 24, 2026 — In the global foreign exchange market—where daily trading volume exceeds $7 trillion—technology infrastructure is a decisive competitive advantage. Founded in 1996, OANDA is integrating artificial intelligence directly into its core trading systems, rather than marketing it as a “high-return trading tool.” The focus is on infrastructure modernization,

Forexvue Publishes 2026 Review of Leading Forex and CFD Brokers

Forexvue Publishes 2026 Review of Leading Forex and CFD Brokers

Forexvue has released its February 2026 ranking of leading forex and CFD brokers, using live spread data, execution testing, and regulatory verification to produce a structured, data-based ranking. Luxembourg, 24th Feb 2026 — Forexvue.com has published its updated 2026 review of leading forex and CFD brokers, presenting a data-led comparison designed to help traders evaluate

Is Gold Ready to Extend Higher? Elliott Wave Perspective

Is Gold Ready to Extend Higher? Elliott Wave Perspective

Spot Gold (XAUUSD) reached an all-time high of $5598.75 on January 29 before undergoing a sharp correction to $4402.40 on February 2. From that low, the metal began a recovery that can be characterized as a nesting impulse. This structure reflects a sequence of advancing waves, each building upon the prior move to sustain upward

PBoC extends pause in LPR, USD/CNH downtrend slows

PBoC extends pause in LPR, USD/CNH downtrend slows

The People’s Bank of China left its benchmark lending rates unchanged, keeping the 1-year Loan Prime Rate at 3.00% and the 5-year LPR at 3.50%. The decision marks the tenth consecutive month of steady policy. For now, policymakers are seen favoring targeted structural tools—supporting sectors such as technology and green energy—rather than deploying broad-based rate

image

EUR/USD Forex Signal 23/02: US Tariff Confusion (Chart)

Created on February 23, 2026 My previous EUR/USD signal last Thursday produced a nicely profitable short trade from the bearish rejection of $1.1805 by an hourly pin bar. Risk 0.75%. Trades may be entered prior to 5pm London time today. Go short following a bearish price action reversal on the H1 timeframe immediately upon the

Waller’s Shift Helps Dollar Recover from Early Losses

Waller’s Shift Helps Dollar Recover from Early Losses

Dollar stabilized and recovered notably in early US trading after an initial selloff, supported by remarks from Fed Governor Christopher Waller. Waller, widely regarded as one of the more dovish voices on the Federal Reserve Board, signaled that the case for holding rates in March has strengthened following robust January employment data. Waller was one

AUD/USD and NZD/USD Flash Early Signs of Bullish Recovery

AUD/USD and NZD/USD Flash Early Signs of Bullish Recovery

AUD/USD is attempting a fresh increase from 0.7015. NZD/USD is consolidating and could aim for a move above 0.6000 in the short term. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar remained supported above 0.7000 and recovered losses against the US Dollar. There was a break above a key declining channel with

USD/CAD Analysis Following Changes in US Tariff Policy

USD/CAD Analysis Following Changes in US Tariff Policy

Currency markets opened on Monday with the US dollar under pressure, as traders assessed weekend developments related to US tariff policy. According to Reuters: → On Friday, the Supreme Court ruled that President Trump’s sweeping tariffs exceeded his authority. → In response, the US president criticised the court and introduced a blanket 15% import levy.

0
Would love your thoughts, please comment.x
()
x