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Daily Pivots: (S1) 0.8237; (P) 0.8273; (R1) 0.8306; More…. USD/CHF’s corrective recovery from 0.8038 is still in progress and intraday bias stays on the upside. Further rise would be seen but upside should be limited by 38.2% retracement of 0.9200 to 0.8038 at 0.8482. On the downside, below 0.8196 minor support will bring retest of […]

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EUR/GBP Weekly Outlook

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13/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0745; (P) 1.0799; (R1) 1.0862; More…. Intraday bias in EUR/USD is turned neutral again first with current retreat. On the upside, firm break of 1.0915 will resume whole rise from 1.0601. On the downside, break of 1.0718 will resume the fall from 1.0915 instead. In the bigger picture, price actions from 1.1274 […]
09/04/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8416; (P) 0.8518; (R1) 0.8581; More… USD/CHF’s decline from 0.9196 resumed after brief consolidations and intraday bias is back on the downside. Firm break of 0.8332/8374 key support zone will confirm larger down trend resumption. On the upside, break of 0.8673 resistance is needed to indicate short term bottoming. Otherwise, outlook will […]
18/06/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2691; (R1) 1.2724; More… Intraday bias in GBP/USD remains neutral for the moment and some more consolidations would be seen. But risk will stay on the downside as long as 1.2859 resistance holds. Firm break of 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and […]