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Daily Pivots: (S1) 0.8067; (P) 0.8138; (R1) 0.8174; More…. Intraday bias in USD/CHF remains on the downside, with immediate focus now on 0.8038 low. Strong support could be seen there to bring rebound, and above 0.816 support turned resistance will turn intraday bias neutral first. However, firm break of 0.8038 will resume larger down trend. […]

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28/11/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9290; (P) 0.9307; (R1) 0.9336; More…. Intraday bias in EUR/CHF is turned neutral again with current recovery. But after all, with 0.9364 resistance intact, outlook will remain bearish. Decisive break of 0.9204/9 support zone will confirm larger down trend resumption. In the bigger picture, outlook will now stay bearish as long as […]
10/12/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0526; (P) 1.0560; (R1) 1.0589; More… Intraday bias in EUR/USD remains neutral for the moment. Rebound from 1.0330 short term bottom could still extend higher. But outlook will remain bearish as long as 55 D EMA (now at 1.0711) holds. On the downside, break of 1.0471 minor support will turn bias to […]
03/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3646; (P) 1.3701; (R1) 1.3735; More… Range trading continues in USD/CAD and intraday bias remains neutral. Consolidation from 1.3845 could extend further. While another fall could be seen, downside should be contained by 1.3589 cluster support (38.2% retracement of 1.3176 to 1.3845 at 1.3589) to bring rebound. Break of 1.3790 resistance will […]