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Daily Pivots: (S1) 1.0856; (P) 1.0885; (R1) 1.0929; More… Intraday bias in EUR/USD is turned neutral first with current retreat, and some consolidations would be seen below 1.0914 temporary top first. But further rally will remain in favor as long as 1.0795 support holds. Above 1.0914 will resume the rebound from 1.0694 towards 1.1138 resistance […]

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USD/CHF Daily Outlook

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24/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8395; (P) 0.8411; (R1) 0.8424; More…. Intraday bias in EUR/GBP remains neutral as consolidations continue above 0.8382 low. While rebound from 0.8382 could extend higher, outlook will stay bearish as long as 0.8498 resistance holds. Larger down trend should resume through 0.8382 at a later stage. In the bigger picture, down trend […]
20/04/2024

USD/CHF Weekly Outlook

USD/CHF edged higher to 0.9151 last week but turned sideway since then. Initial bias stays neutral this week for more consolidations. But further rally is expected as long as 0.8996 support holds. Break of 0.9151 will resume the larger rise from 0.8332 to 0.9243 resistance. However, firm break of 0.8996 will turn bias to the […]
14/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2534; (P) 1.2585; (R1) 1.2669; More… Intraday bias in GBP/USD remains on the upside at this point. Sustained break of 1.2731 will confirm resumption of whole rally from 1.2036. Next target is 61.8% projection of 1.2068 to 1.2731 from 1.2499 at 1.2909. On the downside, below 1.2651 minor support will turn intraday […]