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Daily Pivots: (S1) 1.1239; (P) 1.1263; (R1) 1.1307; More… Intraday bias in EUR/USD remains on the upside at this point. Correction from 1.1572 could have completed at 1.1064 already. Further rise should be seen to retest 1.1572 high first. Firm break there will resume larger up trend. Next near term target will be 61.8% projection […]

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GBP/USD Mid-Day Outlook

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13/05/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8367; (P) 0.8421; (R1) 0.8512; More…. Intraday bias in USD/CHF is turned neutral with current retreat. Strong resistance is expected from 38.2% retracement of 0.9200 to 0.8038 at 0.8482 to limit upside. Break of 0.8330 resistance turned support will turn intraday bias will turn bias back to the downside. Further break of […]
05/05/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8208; (P) 0.8264; (R1) 0.8321; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, above 0.8333 will resume the rebound from 0.8038. However, upside should be limited by 38.2% retracement of 0.9200 to 0.8038 at 0.8482. On the downside, below 0.8196 minor support will bring retest of 0.8038. […]
27/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3335; (P) 1.3384; (R1) 1.3465; More… Intraday bias in GBP/USD remains neutral first, but further rally is expected as long as 1.3265 resistance turned support holds. Above 1.3429 will extend larger rally to 100% projection of 1.2664 to 1.3265 from 1.3000 at 1.3601 next. Nevertheless, break of 1.3265 will turn bias to […]