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Daily Pivots: (S1) 0.6467; (P) 0.6489; (R1) 0.6530; More… Intraday bias in AUD/USD stays neutral and some more consolidations would be seen above 0.6440 temporary low. But outlook will stay bearish as long as 0.6687 resistance holds. On the downside, decisive break of 61.8% projection of 0.6941 to 0.6511 from 0.6687 at 0.6421 will resume […]

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26/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9569; (P) 0.9582; (R1) 0.9600; More…. EUR/CHF is staying in consolidation from 0.9476 and intraday bias stays neutral. Outlook will remain bearish as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will bring retest of 0.9252 low […]
09/12/2023

USD/CHF Weekly Outlook

USD/CHF edged lower to 0.8665 last week but recovered notably since then. A short term bottom should be formed on bullish convergence condition in 4H MACD. Initial bias stays on the upside this week for 0.8886 support turned resistance first. Decisive break there will indicate that whole fall from 0.9243 has completed, and bring stronger […]
02/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9480; (P) 0.9522; (R1) 0.9549; More…. Intraday bias in EUR/CHF remains on the downside for the moment. Current fall form 0.9928 should target 100% projection of 0.9928 to 0.94767 from 0.9772 at 0.9320. On the upside, above 0.9519 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another […]