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Daily Pivots: (S1) 0.8438; (P) 0.8460; (R1) 0.8488; More… No change in USD/CHF’s outlook as range trading continues and intraday bias remains neutral. 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. Nevertheless, firm break of 0.8548 will turn […]

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23/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1139; (P) 1.1161; (R1) 1.1185; More…. EUR/USD falls notably today but stays in range above 1.1001 support. Intraday bias remains neutral and further rally is expected. On the upside, above 1.1200 will target 1.1274 high. Firm break there will resume larger up trend. However, firm break of 1.1001 will indicate near term […]
30/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9569; (P) 0.9587; (R1) 0.9606; More…. Intraday bias in EUR/CHF remains neutral and more consolidations would be seen above 0.9159. Further decline is expected as long as 0.9641 support turned resistance holds. Rebound from 0.9476 should have completed as a corrective move at 0.9772. Below 0.9519 will bring retest of 0.9476. Firm […]
16/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8441; (P) 0.8494; (R1) 0.8544; More… Range trading continues in USD/CHF and intraday bias stays neutral at this point. Further decline is expected with 0.8548 resistance intact. 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. […]