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Daily Pivots: (S1) 0.8669; (P) 0.8694; (R1) 0.8731; More…. Intraday bias in USD/CHF remains neutral with focus on 0.8727 resistance. On the upside, decisive break of 0.8727 will resume the rebound from 0.8332, and target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, break of 0.8550 will turn bias back to the […]

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18/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8443; (P) 0.8460; (R1) 0.8490; More… Intraday bias in USD/CHF stays neutral as range trading continues. With 0.8548 resistance intact, further decline is still expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering […]
15/08/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2806; (P) 1.2838; (R1) 1.2857; More… Intraday bias in GBP/USD is turned neutral with current retreat and some consolidations would be seen below 1.2872 temporary top. But further rise is in favor as long as 1.2754 minor support holds. As noted before, pullback from 1.3043 could have completed at 1.2664 already. Above […]
29/12/2023

AUD/USD Daily Report

Daily Pivots: (S1) 0.6812; (P) 0.6841; (R1) 0.6859; More… AUD/USD continues to lose upside momentum ahead of 0.6894 resistance and intraday bias is turned neutral first. On the upside, decisive break of 0.6894 will extend the rally from 0.6269 towards 0.7156 key resistance next. On the downside, however, break of 0.6796 support will indicate short […]