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Daily Pivots: (S1) 0.9409; (P) 0.9438; (R1) 0.9490; More…. Intraday bias in EUR/CHF remains on the upside for the moment. Rise from 0.9305 is seen as the third leg of the pattern from 0.9209. Further rally would be seen to 0.9579 resistance next. On the downside, below 0.9380 minor support will turn bias back to […]

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15/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8842; (P) 0.8864; (R1) 0.8880; More…. Intraday bias in USD/CHF is turned neutral with current retreat, and some consolidations would be seen first. Downside should be contained by 0.8727 resistance turned support to bring another rally. On the upside, above 0.8884 will resume the rise from 0.8332 to 100% projection of 0.8332 […]
11/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2500; (P) 1.2551; (R1) 1.2600; More… Intraday bias in GBP/USD remains mildly on the downside at this point. Fall from 1.2731 short term top is in progress for 55 D EMA (now at 1.2445). Sustained break there will bring retest of 1.2036 low. On the upside, above 1.2611 minor resistance will turn […]
18/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9393; (P) 0.9407; (R1) 0.9432; More…. Intraday bias in EUR/CHF remains neutral for the moment. With 0.9444 resistance intact, further decline is in favor. On the downside, below 0.9305 will resume the fall from 0.9579 to retest 0.9209 low. Firm break there will resume larger down trend. However, decisive break of 0.9444 […]