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Daily Pivots: (S1) 0.8665; (P) 0.8689; (R1) 0.8726; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.8629 is in progress. Outlook remains bearish with 0.8819 resistance intact. On the downside, break of 0.8629 will resume larger fall from 0.9243 to retest 0.8551 key support next. On the upside, however, firm break of 0.8819 […]

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18/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1101; (P) 1.1124; (R1) 1.1136; More…. Range trading continues in EUR/USD and intraday bias remains neutral. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, below 1.1072 minor support will turn bias back to the […]
08/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9061; (P) 0.9078; (R1) 0.9100; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.9005 is extending. Further decline is in favor as long as 55 4H EMA (now at 0.9099) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9000) will bring deeper […]
05/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3108; (P) 1.3141; (R1) 1.3183; More… GBP/USD is still bounded in consolidation from 1.3265 and intraday bias remains neutral at this point. While deeper retreat cannot be ruled out, downside should be contained above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to […]