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Daily Pivots: (S1) 0.9327; (P) 0.9344; (R1) 0.9370; More…. Range trading continues in EUR/CHF and intraday bias remains 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, […]

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28/04/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3268; (P) 1.3318; (R1) 1.3361; More… Intraday bias in GBP/USD is turned neutral first with today’s recovery. Correction from 1.3422 short term top could still extend, and break of 1.3232 will turn intraday bias back the downside. But in this case, downside should be contained by 38.2% retracement of 1.2099 to 1.3422 […]
16/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8937; (P) 0.8955; (R1) 0.8975; More… Intraday bias in USD/CHF stays neutral first. Another fall is mildly in favor with 0.9000 resistance intact. Below 0.8914 will bring retest of 0.8825 low. However, break of 0.9000 will turn bias back to the upside for 0.9049 resistance instead. In the bigger picture, with 0.9243 […]
26/03/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8801; (P) 0.8825; (R1) 0.8850; More… Intraday bias in USD/CHF remains neutral. Consolidation from 0.8757 is still in progress. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 to 0.9200 […]