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Daily Pivots: (S1) 0.8649; (P) 0.8666; (R1) 0.8678; More…. No change in EUR/GBP’s outlook. Intraday bias stays on the downside at this point. Decisive break of 0.8648 support will argue that whole rise from 0.8491 has completed and turn near term outlook bearish. Nevertheless, break of 0.8706 minor resistance will retain near term bullishness and […]

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13/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2512; (P) 1.2564; (R1) 1.2614; More… Intraday bias in GBP/USD stays neutral at this point. Further decline is mildly in favor as long as 1.2615 minor resistance holds. Break of 1.2501 will resume the fall from 1.2731 short term top to to 55 D EMA (now at 1.2452). Sustained break there will […]
12/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9068; (P) 0.9107; (R1) 0.9140; More…. Intraday bias in USD/CHF remains neutral for the moment, as consolidation from 0.9146 continues. Further rally is expected as long as 0.8996 support holds. Break of 0.9146 will resume whole rally from 0.8332. Next target is 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8818. […]
15/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8627; (P) 0.8680; (R1) 0.8728; More…. USD/CHF’s break of 0.8665 support confirm resumption of whole decline from 0.9243. Intraday bias is back on the downside and deeper fall should be seen to 0.8551 key support level. For now, near term outlook will stay bearish as long as 0.8819 resistance holds, in case […]