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Daily Pivots: (S1) 199.46; (P) 199.96; (R1) 200.86; More… Intraday bias in GBP/JPY stays neutral for consolidations below 201.59. Further rally is expected as long as 197.18 support holds. However, considering bearish divergence condition in 4H MACD, firm break of 197.18 will confirm short term topping, and turn bias back to the downside for 191.34 […]

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EUR/CHF Mid-Day Outlook

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13/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8521; (P) 0.8538; (R1) 0.8557; More… Intraday bias in EUR/GBP remains neutral as it’s still bounded in range trading. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. Nevertheless, firm break of 0.8577 will turn bias back to the upside […]
09/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8541; (P) 0.8562; (R1) 0.8595; More… Intraday bias in USD/CHF remains neutral for consolidations below 0.8606 temporary top. Further rise is in favor as long as 0.8499 minor support holds. Above 0.8606 will target 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from 0.9223 has […]
24/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9093; (P) 0.9113; (R1) 0.9138; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. 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 downside for 55 […]