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Daily Pivots: (S1) 0.9847; (P) 0.9879; (R1) 0.9894; More…. EUR/CHF’s break of 0.9880 support confirms short term topping at 0.9928. Intraday bias is back on the downside. Deeper fall would be seen to 38.2% retracement of 0.9563 to 0.9928 at 0.9789. On the upside, break of 0.9880 minor resistance will turn intraday bias neutral first. […]

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USD/CHF Mid-Day Outlook

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EUR/USD Daily Outlook

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12/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2993; (P) 1.3052; (R1) 1.3103; More… Intraday bias in GBP/USD stays mildly on the downside at hits point. Fall from 1.3265 short term top is in progress for 55 D EMA (now at 1.2949). Sustained break there will bring deeper fall to 1.2664 key support. On the upside, above 1.3111 minor resistance […]
09/03/2024

USD/CHF Weekly Outlook

USD/CHF fell to 0.8728 last week but recovered to close above 0.8741 support. Initial bias remains neutral this week first. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current level will retain near term […]
19/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8407; (P) 0.8414; (R1) 0.8426; More…. Intraday bias in EUR/GBP remains neutral for the moment and more consolidations could be seen above 0.8382. Further decline is in favor. But considering bullish convergence condition in 4H MACD, downside could be contained by 61.8% projection of 0.8619 to 0.8396 from 0.8498 at 0.8360 on […]