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Daily Pivots: (S1) 0.9372; (P) 0.9410; (R1) 0.9430; More… EUR/CHF’s break of 0.9404 minor support suggests rejection by 55 D EMA (now at 0.9447). Intraday bias is back on the downside for deeper pull back. But downside should be contained above 0.9252 low to bring rebound. On the upside, above 0.9471 will resume the rebound […]

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EUR/USD Daily Outlook

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12/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8770; (P) 0.8793; (R1) 0.8807; More…. Intraday bias in USD/CHF is turned neutral first with a temporary top formed at 0.8819. Further rise remains in favor with 0.8727 minor support intact. Above 0.8819 will resume the rebound from 0.8665 short term bottom to 0.8886 support turned resistance first. Decisive break there will […]
17/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2397; (P) 1.2435; (R1) 1.2463; More… Intraday bias in GBP/USD remains neutral for more consolidations. Upside of recovery should be limited by 1.2577 minor resistance to bring another fall. On the downside, firm break of 1.2404 will resume the decline from 1.2892 to 100% projection of 1.2892 to 1.2538 from 1.2708 at […]
18/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9520; (P) 0.9544; (R1) 0.9572; More…. Intraday bias in EUR/CHF is turned neutral first with current recovery. Some consolidations would be seen first, but upside should be limited below 0.9683 resistance to bring another fall. On the downside, sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the […]