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Daily Pivots: (S1) 0.9288; (P) 0.9330; (R1) 0.9357; More…. Intraday bias in EUR/CHF remains neutral as range trading continues. On the upside, break of 0.9365 will be the first sign that corrective pattern from 0.9445 has already completed. Further rise should then be seen to 0.9428/45 resistance zone. However, decisive break of 0.9292 will bring […]

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USD/CHF Daily Outlook

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06/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9001; (P) 0.9055; (R1) 0.9104; More…. Intraday bias in USD/CHF remains on the downside for the moment. Sustained break of 55 D EMA (now at 0.8989) will bring deeper fall to 38.2% retracement of 0.8332 to 0.9223 at 0.8883. On the upside, above 0.9087 minor resistance will turn intraday bias again first. […]
12/04/2025

GBP/USD Weekly Outlook

GBP/USD’s extended rebound last week suggests that pull back from 1.3206 has already completed at 1.2706. Initial bias stays on the upside this week for retesting 1.3206. Firm break there will resume the rally from 1.2099 to retest 1.3433 high. On the downside, below 1.2981 minor support will turn intraday bias neutral again first. In […]
18/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2691; (R1) 1.2724; More… Intraday bias in GBP/USD is turned neutral with current recovery. Risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. In the bigger […]