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Daily Pivots: (S1) 0.8542; (P) 0.8578; (R1) 0.8597; More… Intraday bias in USD/CHF stays neutral for consolidation below 0.8611 temporary top. On the upside, above 0.8611 will resume the rebound from 0.8374 to 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from 0.9223 has completed after defending 0.8332 […]

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EUR/CHF Weekly Outlook

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27/01/2024

USD/CAD Weekly Outlook

USD/CAD stayed in consolidation below 1.3540 last week and outlook is unchanged. Initial bias stays neutral this week first, and further rally is in favor. Fall from 1.3897 should have completed at 1.3716. Break of 1.3540 will target 1.3617 cluster resistance (61.8% retracement of 1.3897 to 1.3176 at 1.3622). Decisive break there will pave the […]
05/11/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9382; (P) 0.9412; (R1) 0.9428; More…. No change in EUR/CHF’s outlook as range trading continues. Intraday bias stays neutral for the moment. On the downside, break of 0.9331 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9444 will turn intraday bias to the upside for 0.9506 […]
22/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3403; (P) 1.3453; (R1) 1.3478; More… Intraday bias in USD/CAD remains neutral at this point, and some more consolidations could be seen below 1.3540. But further rally is expected as long as 1.3342 minor support holds. Fall from 1.3897 should have completed at 1.3716. Break of 1.3540w ill target 1.3617 cluster resistance […]