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Daily Pivots: (S1) 0.7959; (P) 0.7988; (R1) 0.8019; More…. Intraday bias in USD/CHF remains on the downside at this point. Current down trend should target 61.8% projection of 0.9200 to 0.8038 from 0.8475 at 0.7757 next. On the upside, above 0.8017 minor resistance will turn intraday bias neutral and bring consolidations. But recovery should be […]

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26/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8636; (P) 0.8661; (R1) 0.8695; More…. Intraday bias in USD/CHF is turned neutral with current recovery. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, firm break […]
06/01/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2369; (P) 1.2402; (R1) 1.2453; More… While GBP/USD rebounded strongly today, upside is capped below 1.2606 resistance and intraday bias remains neutral. Another fall remains in favor. Break of 1.2352 will resume the fall from 1.3433 to 1.2256/98 cluster support zone. Nevertheless, considering bullish convergence condition in 4H MACD, firm break of […]
05/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8811; (P) 0.8852; (R1) 0.8874; More…. Intraday bias in USD/CHF remains neutral as range trading continue below 0.8891. Further rally is in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias back […]