Daily Pivots: (S1) 1.2932; (P) 1.2979; (R1) 1.3056; More… GBP/USD accelerates higher today and intraday bias stays on the upside. Current rally from 1.2099 will target 61.8% projection of 1.2248 to 1.3013 from 1.2878 at 1.3351. On the downside, below 1.3101 minor support will turn intraday bias neutral and bring consolidations first, before staging another […]
Jul 18, 2024
USD/CHF Daily Outlook
Daily Pivots: (S1) 0.8790; (P) 0.8871; (R1) 0.8915; More… Intraday bias in USD/CHF stays on the downside as this point. Breach of 0.8825 support indicates that whole fall from 0.9223 is resuming. Deeper decline would be seen to 60% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8914 support turned resistance […]
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