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Daily Pivots: (S1) 1.6198; (P) 1.6252; (R1) 1.6336; More… Intraday bias in EUR/AUD Remains neutral for the moment. For now, risk will stay mildly on the downside as long as 1.6598 holds, in case of stronger rebound. On the downside, break of 1.6161 will resume the decline from 1.6590 to target a test on 1.5996/6002 […]

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USD/CHF Mid-Day Outlook

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17/12/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2630; (P) 1.2664; (R1) 1.2719; More… Intraday bias in GBP/USD remains neutral for the moment, as range trading continues. On the downside, break of 1.2615 minor support will indicate that corrective recovery from 1.2486 has completed. Retest of this low should be seen next, and break will target 1.2298 cluster support zone. […]
01/06/2024

USD/CHF Weekly Outlook

USD/CHF’s steep decline last week suggests that rebound from 0.8987 has completed at 0.9157. Initial bias stays on the downside this week for 0.8987. Firm break there will resume the fall from 0.9223 to 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921. On the upside, above 0.9065 minor resistance will turn intraday bias […]
05/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8610; (P) 0.8646; (R1) 0.8676; More… Intraday bias in USD/CHF remains mildly on the downside for the moment. Fall from 0.8710 short term top would target 55 D EMA (now at 0.8614). Sustained break there will argue that the rebound form 0.8374 has completed, and bring deeper fall back to this low. […]