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Daily Pivots: (S1) 0.8817; (P) 0.8841; (R1) 0.8883; More… USD/CHF’s rally resumed after brief retreat and intraday bias is back on the upside. Current rise from 0.8374 should target 61.8% retracement of 0.9223 to 0.8374 at 0.8899. Sustained trading above there will pave the way towards 0.9223 high. On the downside, below 0.8796 minor support […]

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28/10/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3854; (P) 1.3876; (R1) 1.3914; More… USD/CAD’s rise from 1.3418 is in progress and intraday bias stays on the upside for retesting 1.3946/76 resistance zone. Decisive break there will confirm larger up trend resumption. On the downside, below 1.3837 minor support will turn intraday bias and bring consolidations first. In the bigger […]
22/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9032; (P) 0.9084; (R1) 0.9156; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.9151 is extending. Further rally is expected as long as 0.8996 support holds. Break of 0.9151 will resume the larger rise from 0.8332 to 0.9243 resistance. However, firm break of 0.8996 will turn bias to the downside […]
09/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9016; (P) 0.9041; (R1) 0.9079; More…. Intraday bias in USD/CHF remains neutral for the moment, and some more consolidations should be seen. Deeper decline cannot be ruled out, but outlook will stay bullish as long as 0.8884 resistance turned support holds. On the upside, break of 0.9094 will resume larger rise from […]