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Daily Pivots: (S1) 1.1139; (P) 1.1161; (R1) 1.1185; More…. Intraday bias is EUR/USD is turned neutral with 4H MACD crossed below signal line. Some more consolidations could be seen below 1.1200. But further rally is expected as long as 1.1001 support holds. Break of 1.1200 will target 1.1274 high. Firm break there will resume larger […]

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14/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8921; (P) 0.8945; (R1) 0.8962; More…. Range trading continues in USD/CHF and intraday bias remains neutral. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, […]
15/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8927; (P) 0.8949; (R1) 0.8966; More… Intraday bias in USD/CHF is neutral for the moment, but further fall is expected with 0.9000 resistance intact. Below 0.8914 will target 0.8825 low. Break of 0.8825 will target 50% retracement of 0.8332 to 0.9223 at 0.8778 next. However, break of 0.9000 will turn bias back […]
01/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9382; (P) 0.9416; (R1) 0.9452; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. On the upside, above 0.9506 will resume the rebound from 0.9305 to 0.9579 resistance. However, break of 0.9305 will resume the fall for 0.9579 to retest 0.9209 low. In the bigger picture, medium term corrective pattern […]