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Daily Pivots: (S1) 0.9714; (P) 0.9728; (R1) 0.9757; More…. EUR/CHF is staying in range below 0.9754 and intraday bias remains neutral for the moment. Further rally is expected with 0.9639 support intact. On the upside, above 0.9754 will resume the rebound from 0.9476 to retest 0.9928 high. Nevertheless, break of 0.9639 will turn bias back […]

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30/01/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2666; (P) 1.2712; (R1) 1.2748; More… No change in GBP/USD’s outlook as consolidation from 1.2826 is still extending. Another fall cannot be ruled out, but downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has completed. Further rise […]
06/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8721; (P) 0.8743; (R1) 0.8773; More…. Intraday bias in USD/CHF stays neutral at this point. Another fall is in favor as long as 0.8769 minor resistance holds. Below 0.8665 will resume the decline from 0.9243 to 161.8% projection of 0.9243 to 0.8886 from 0.9111 at 0.8533, which is close to 0.8551 low. […]
04/04/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6474; (P) 1.6519; (R1) 1.6548; More.. Immediate focus is now on 1.6439 support in EUR/AD with current fall. Firm break there will argue that whole rebound from 1.6127 has completed, and turn near term outlook bearish for this support again. Nevertheless, strong rebound from current level, followed by break of 1.6561 minor […]