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Daily Pivots: (S1) 0.8543; (P) 0.8552; (R1) 0.8565; More… No change in EUR/GBP and intraday bias remains neutral for the moment. On the downside, break of 0.8497 will resume recent fall to 0.8464 projection level. However, considering bullish convergence condition in 4H MACD, sustained break of 0.8571 will confirm short term bottoming, and turn bias […]

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06/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9001; (P) 0.9055; (R1) 0.9104; More…. Intraday bias in USD/CHF remains on the downside for the moment. Sustained break of 55 D EMA (now at 0.8989) will bring deeper fall to 38.2% retracement of 0.8332 to 0.9223 at 0.8883. On the upside, above 0.9087 minor resistance will turn intraday bias again first. […]
28/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3552; (P) 1.3580; (R1) 1.3595; More… Outlook in USD/CAD is unchanged and intraday bias remains neutral. On the upside, decisive break of 1.3612 resistance will resume whole rise from 1.3176 towards 1.3897 resistance. On the downside, firm break of 1.3419 support will argue that rebound from 1.3176 has completed. Near term outlook […]
10/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8449; (P) 0.8472; (R1) 0.8517; More… Intraday bias in USD/CHF stays neutral and more consolidations could be seen above 0.8374. With 0.8356 resistance intact, further decline is expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend […]