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Daily Pivots: (S1) 0.9392; (P) 0.9411; (R1) 0.9444; More…. Intraday bias in EUR/CHF remains neutral as range trading continues. On the upside, break of 0.9428/45 resistance zone will resume the rebound from 0.9218. On the downside, break of 0.9291 will bring retest of 0.9218 low instead. In the bigger picture, prior rejection by long-term falling […]

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USD/CHF Daily Outlook

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18/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8443; (P) 0.8460; (R1) 0.8490; More… USD/CHF is still bounded in sideway trading and intraday bias stays neutral. With 0.8548 resistance intact, further decline is still expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. […]
09/02/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2580; (P) 1.2609; (R1) 1.2647; More… Intraday bias in GBP/USD remains neutral for the moment. On the upside, above 1.2641 will resume the rebound from 1.2517 to retest 1.2826 high. On the downside, however, decisive break of 1.2499 will argue that whole rise from 1.2036 has completed and turn near term outlook […]
19/01/2025

EUR/GBP Weekly Outlook

EUR/GBP’s rally from 0.8221 continued last week but failed to sustain above 0.8446 resistance and turned sideway. Initial bias remains neutral this week first. On the upside, decisive break of 0.8446 will target 0.8624 key cluster resistance zone. However, break of 0.8403 support will indicate short term topping after rejection by 0.8446. Intraday bias will […]