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Daily Pivots: (S1) 1.3437; (P) 1.3464; (R1) 1.3511; More… Range trading continues in GBP/USD and intraday bias stays neutral. With 1.3535 resistance intact, further decline is mildly in favor. On the downside, break of 1.3322 will resume the fall from 1.3725 to 1.3140 support. On the upside, though, firm break of 1.3535 will argue that […]

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02/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8753; (P) 0.8797; (R1) 0.8823; More… No change in USD/CHF’s outlook as intraday bias stays on the downside. Current fall from 0.9223 is in progress for 61.8% retracement of 0.8332 to 0.9223 at 0.8672. Sustained break there will pave the way to retest 0.8332 low. For now, risk will stay on the […]
29/01/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9012; (P) 0.9041; (R1) 0.9071; More… Intraday bias in USD/CHF stays neutral at this point. Rise from 0.9374 remains intact so far with strong support support seen from near term rising channel. On the upside, break of 0.9107 will target 0.9200 and 0.9223 key resistance. On the downside, however, break of 0.8964 […]
14/05/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9345; (P) 0.9377; (R1) 0.9422; More…. Sideway trading continues in EUR/CHF and intraday bias stays neutral. On the upside, above 0.9445 will resume the rebound from 0.9218, either as a corrective move or the third leg of the pattern from 0.9204. However, break of 0.9274 will suggest that that recovery has completed, […]