Daily Pivots: (S1) 1.2611; (P) 1.2639; (R1) 1.2657; More… Intraday bias in GBP/USD remains neutral for the moment. More consolidations could be seen above 1.2574. But risk will stay on the downside as long as 55 4H EMA (now at 1.2677) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. […]
Daily Pivots: (S1) 0.9705; (P) 0.9721; (R1) 0.9729; More… Intraday bias in EUR/CHF remains neutral as consolidation continues below 0.9818. Another rally is expected as long 0.9689 support holds. On the upside, above 0.9818 will resume the rise from 0.9252 towards 1.0095 key resistance next. Nevertheless, considering bearish divergence condition in 4H MACD, break of […]
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