Daily Pivots: (S1) 1.2712; (P) 1.2756; (R1) 1.2794; More… Intraday bias in GBP/USD remains neutral for the moment. Rebound from 1.2486 short term bottom could still extend higher. But outlook will stay bearish as long as 55 D EMA (now at 1.2839) holds. On the downside, below 1.2615 minor support will bring retest of 1.2486 […]
Daily Pivots: (S1) 0.9454; (P) 0.9477; (R1) 0.9494; More… EUR/CHF is still extending the consolidation from 0.9402 and intraday bias remains neutral. Deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at […]
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