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USD/CHF stayed in consolidation above 0.8757 last week and outlook remains unchanged. Initial bias stays neutral this week and more consolidations could be seen. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 […]

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USD/JPY Daily Outlook

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11/11/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2870; (P) 1.2933; (R1) 1.2981; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen above 1.2833 temporary low Further decline is expected 1.3047 resistance holds. Break of 1.382 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bullish convergence condition […]
11/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9312; (P) 0.9346; (R1) 0.9366; More…. EUR/CHF’s fall from 0.9579 extends lower today. Intraday bias remains on the downside for retesting 0.9029 low. Firm break there will resume larger down trend. On the upside, above 0.9378 minor resistance will turn intraday bias neutral first. In the bigger picture, medium term corrective pattern […]
27/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8840; (P) 0.8868; (R1) 0.8892; More… USD/CHF is staying in consolidation below 0.8956 and intraday bias remains neutral. Outlook will continue to stay bullish as long as 0.8800 support holds, in case of retreat. Break of 0.8956 will resume the rally from 0.8374, and target 0.9223 key resistance next. In the bigger […]