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Daily Pivots: (S1) 0.8839; (P) 0.8859; (R1) 0.8898; More… Intraday bias in USD/CHF remains neutral for consolidations above 0.8819 temporary low. But further decline is expected as long as 0.9049 resistance holds. Break of 0.8819 will resume the fall from 0.9223 to 60% retracement of 0.8332 to 0.9223 at 0.8672 next. In the bigger picture, […]

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USD/CHF Daily Outlook

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25/03/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2558; (P) 1.2617; (R1) 1.2658; More… Intraday bias in GBP/USD is turned neutral with current recovery and some consolidations would be seen first. But risk will stay on the downside as long as 55 4H EMA (now at 1.2700) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support […]
20/06/2024

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9483; (P) 0.9499; (R1) 0.9520; More…. Intraday bias in EUR/CHF is turned neutral with current recovery, and some consolidations would be seen first. But outlook will stay bearish as long as 0.9683 resistance holds, and fall from 0.9928 is expected to resume later. Below 0.8476 will target 61.8% retracement of 0.9252 to […]
26/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9388; (P) 0.9407; (R1) 0.9425; More… Intraday bias in EUR/CHF is mildly on the downside at this point. Deeper pullback could be seen but downside should be contained above 0.9252 low to bring rebound. On the upside, above 0.9471 will resume the rebound from 0.9252, as a correction to whole decline from […]