USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9031; (P) 0.9092; (R1) 0.9128; More… USD/CHF is still extending the consolidation pattern from 0.9200 and outlook is unchanged. Intraday bias remains neutral, and further rally is expected with 0.9007 support intact. On the upside, decisive break of 0.9223 will carry larger bullish implications. However, break of 0.9007 will confirm short term […]

Daily Pivots: (S1) 0.6553; (P) 0.6568; (R1) 0.6597; More… Intraday bias in AUD/USD remains neutral and more consolidations could be seen above 0.6536 temporary low. Further decline is expected as long as 55 D EMA (now at 0.6695) holds. On the downside, sustained break of 61.8% retracement of 0.6269 to 0.6941 at 0.6526 will target […]

EUR/GBP spiked lower to 0.8267 last week but failed to break through 0.8259 low and recovered. Initial bias remains neutral this week first. Some more range trading could be seen but outlook will stay bearish as long as 0.8446 resistance holds. Decisive break of 0.8259 will resume larger down trend to 0.8201 key support. In […]