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Daily Pivots: (S1) 1.3477; (P) 1.3502; (R1) 1.3540; More… Intraday bias in USD/CAD remains neutral for the moment. While recovery from 1.3418 might extend higher, outlook will stay bearish as long as 1.3646 resistance holds. On the downside, break of 1.3418 will resume the fall from 1.3946 to 61.8% projection of 1.3946 to 1.3439 from […]

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25/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2676; (P) 1.2726; (R1) 1.2774; More… Intraday bias in GBP/USD stays neutral first as consolidation from 1.2826 is still extending. Deeper pull back 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 […]
10/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8482; (P) 0.8507; (R1) 0.8549; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. Consolidation from 0.8332 is in progress and stronger recovery cannot be ruled out. But outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall […]
09/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9751; (P) 0.9762; (R1) 0.9772; More… EUR/CHF is staying in consolidation above 0.9728 temporary low and intraday bias remains neutral. Outlook is unchanged that fall from 0.9835 is seen as the third leg of the corrective pattern from 0.9847. Risk will stay on the downside as 0.9835 resistance holds. Below 0.9278 will […]