USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.6687; (P) 0.6711; (R1) 0.6744; More… No change in AUD/USD’s outlook as further decline is in favor with 0.6759 minor resistance intact. Fall from 0.6870 short term top would target 55 D EMA (now at 0.6619). Some support could be seen there to bring rebound on first attempt. On the upside, however, […]

Daily Pivots: (S1) 0.8440; (P) 0.8456; (R1) 0.8472; More… EUR/GBP’s decline continues to as low as 0.8418 so far. Intraday bias remains on the downside for 0.8376 projection level next. On the upside, above 0.8446 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another decline. In the bigger picture, down […]

Daily Pivots: (S1) 0.8798; (P) 0.8828; (R1) 0.8850; More…. No change in USD/CHF’s outlook as sideway consolidation continues. Intraday bias stays neutral at this point. Further rally remains in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support […]