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Daily Pivots: (S1) 0.9059; (P) 0.9083; (R1) 0.9122; More… Intraday bias in USD/CHF remains neutral and consolidation from 0.9200 could extend further. But overall outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. However, sustained break of […]

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23/09/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6784; (P) 0.6806; (R1) 0.6830; More… Intraday bias in AUD/USD remains on the upside for the moment. Current rally from 0.6348 is in progress for 61.8% projection of 0.6348 to 0.6823 from 0.6621 at 0.6915 next. On the downside, below 0.6736 minor support will turn intraday bias neutral first. But outlook will […]
30/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8418; (P) 0.8456; (R1) 0.8512; More….. Intraday bias in USD/CHF remains neutral as consolidation continues above 0.8399. Outlook will remain bearish as long as 0.8747 resistance holds. Break of 0.8339 will resume the decline from 0.9223 and target 61.8% projection of 0.9049 to 0.8431 from 0.8747 at 0.8365, and then 0.8332 low. […]
07/09/2024

USD/CHF Weekly Outlook

USD/CHF tried to resume the fall from 0.9223 resumed last week after interim recovery. Initial bias stays on the downside this week for retesting 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8536 resistance will now confirm short term bottoming, and turn bias back to the upside for 0.8747 […]