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USD/CHF’s up trend from 0.8332 resumed last week but turn sideway again after hitting 0.9146. Initial bias remains neutral this week first. Further rally is expected as long as 0.8996 support holds. Above 0.9146 will target 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.9268. In the bigger picture, price actions from 0.8332 medium […]

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USD/CHF Daily Outlook

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28/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8377; (P) 0.8463; (R1) 0.8517; More…. Intraday bias in USD/CHF remains on the downside for the moment. Current fall from 0.9243 should target 138.2% projection of 0.9111 to 0.8665 from 0.8819 at 0.8203 next. On the upside, above 0.8438 minor resistance will turn intraday bias neutral first. But outlook will stay bearish […]
17/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8876; (P) 0.8921; (R1) 0.8946; More…. Intraday bias in USD/CHF remains neutral as range trading continues. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, […]
05/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 185.18; (P) 185.87; (R1) 186.68; More… Intraday bias in GBP/JPY remains neutral at this point. Price actions from 188.63 short term top is seen as a near term consolidation pattern for now. As long as 184.44 support holds, further rally is expected. Decisive break of 188.63 will resume larger up trend. However, […]