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Daily Pivots: (S1) 0.9281; (P) 0.9313; (R1) 0.9334; More…. Intraday bias in EUR/CHF stays mildly on the downside for the moment. Deeper fall would be seen to retest 0.9204/9 support zone. Decisive break there will indicate larger down trend resumption. For now, outlook will stay bearish as long as 0.9364 resistance holds. In the bigger […]

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25/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8413; (P) 0.8452; (R1) 0.8472; More… USD/CHF is still bounded in range of 0.8374/8548 and intraday bias remains neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8548 resistance will confirm short […]
22/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9475; (P) 0.9500; (R1) 0.9523; More…. EUR/CHF is staying in consolidation below 0.9579 and intraday bias remains neutral for the moment. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9581) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break […]
21/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2687; (P) 1.2707; (R1) 1.2725; More… Intraday bias in GBP/USD remains on the upside for the moment. Firm break of 1.2708 resistance will extend the rise from 1.2298 to 100% projection of 1.2298 to 1.2633 from 1.2445 at 1.2780. On the downside, below 1.2642 minor support will turn intraday bias neutral again. […]