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Daily Pivots: (S1) 1.3490; (P) 1.3510; (R1) 1.3524; More… USD/CAD is staying in sideway trading below 1.3585 and intraday bias remains neutral. With 1.3357 support intact, further rally is expected. On the upside, break of 1.3585 will resume the rebound from 1.3176 for 1.3897 resistance. However, break of 1.3357 will argue that the rebound from […]

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19/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8655; (P) 0.8683; (R1) 0.8700; More…. Break of 0.8629 support suggests that USD/CHF’s decline is resuming. Intraday bias is back on the downside. Current fall from 0.9243 should target 0.8551 key support next. On the upside, above 0.8710 minor resistance will turn intraday bias neutral again first. But outlook will remain bearish […]
20/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9409; (P) 0.9438; (R1) 0.9490; More…. Intraday bias in EUR/CHF remains on the upside for the moment. Rise from 0.9305 is seen as the third leg of the pattern from 0.9209. Further rally would be seen to 0.9579 resistance next. On the downside, below 0.9380 minor support will turn bias back to […]
15/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0490; (P) 1.0536; (R1) 1.0576; More… A temporary low is formed at 1.0495 in EUR/USD, just ahead of 100% projection of 1.1213 to 1.0760 from 1.0936 at 1.0483. Intraday bias is turned neutral for consolidations first. But outlook will remain bearish as long as 1.0760 support turned resistance holds. Firm break of […]