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Daily Pivots: (S1) 0.9618; (P) 0.9639; (R1) 0.9661; More…. No change in EUR/CHF’s outlook and intraday stays on the downside. Deeper fall would be seen to 0.9563 support. Decisive break there will argue that whole rise from 0.9252 has completed, and bring deeper fall to 61.8% retracement of 0.9252 to 0.9928 at 0.9510. On the […]

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18/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8435; (P) 0.8448; (R1) 0.8463; More… EUR/GBP is staying in consolidation above 0.8396 and intraday bias stays neutral. Outlook But outlook will remain bearish as long as 0.8482 support turned resistance holds. Below 0.8396 will resume larger down trend to 0.8376 projection level next. In the bigger picture, down trend from 0.9267 […]
12/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8453; (P) 0.8491; (R1) 0.8561; More… Intraday bias in USD/CHF remains neutral for the moment Rejection by 0.8536 resistance will retain near term bearishness. 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 bullish convergence condition in […]
02/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3196; (P) 1.3230; (R1) 1.3283; More… Intraday bias in USD/CAD stays neutral at this point and some more consolidations could be seen. On the downside, break of 1.3176 will resume the fall from 1.3897 to 1.3091 support and possibly below. Nevertheless, considering bullish convergence condition in 4H MACD, break of 1.3284 will […]