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Daily Pivots: (S1) 1.3346; (P) 1.3387; (R1) 1.3414; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen below 1.3433 temporary top. Further rally is expected as long as 1.3265 resistance turned support holds. Above 1.3433 will resume larger rise to 100% projection of 1.2664 to 1.3265 from 1.3000 at 1.3601 next. […]

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24/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8449; (P) 0.8484; (R1) 0.8510; More… USD/CHF is still extending range trading from 0.8374 and intraday bias remains neutral. 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 resumption. However, considering bullish convergence condition in 4H MACD, […]
02/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9014; (P) 0.9036; (R1) 0.9066; More…. Intraday bias in USD/CHF remains neutral at this point. Further rally is expected as long as 0.8964 support holds. Firm break of 0.9070 will resume larger rise from 0.8332 towards 0.9243 key resistance next. In the bigger picture, price actions from 0.8332 medium term bottom as […]
11/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9051; (P) 0.9100; (R1) 0.9177; More…. Intraday bias in USD/CHF remains on the upside for the moment. Current rise is part of the whole rally from 0.8332. Next target is 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8818. For now, near term outlook will stay bullish as long as 0.8996 […]