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Daily Pivots: (S1) 0.9083; (P) 0.9099; (R1) 0.9129; More… Intraday bias in USD/CHF stays on the upside for the moment. Break of 0.9200 will resume the whole rise from 0.8374. Further decisive break of 0.9223 key resistance will carry larger bullish implications. On the downside, below 0.9070 minor support will turn intraday bias neutral first. […]

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27/07/2024

EUR/GBP Weekly Outlook

EUR/GBP’s recovery from 0.8382 extended higher last week but outlook will stay bearish as long as 0.8498 resistance holds. Initial bias remains neutral this week first. Firm break of 0.8382 will resume larger down trend. In the bigger picture, down trend from 0.9267 (2022 high) is in progress. Next target is 0.8201 key support (2022 […]
16/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3039; (P) 1.3071; (R1) 1.3106; More… GBP/USD is still defending 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) for now. On the downside, decisive break of 1.2999/3000 will argue that whole rise from 1.2298 has complete,d and bring deeper fall to 61.8% retracement at 1.2732. Nevertheless, strong bounce from […]
09/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9377; (P) 0.9399; (R1) 0.9425; More…. Intraday bias in EUR/CHF remains neutral as range trading continues. Corrective rebound from 0.9204 could still extend higher through 0.9440. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and bring […]