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Daily Pivots: (S1) 1.2928; (P) 1.2958; (R1) 1.3007; More… Intraday bias in GBP/USD is turned neutral with a temporary low formed at 1.2906. Further decline is expected as long as 1.3070 resistance holds. Below 1.2906 will resume the fall from 1.3433 to 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bearish divergence condition […]

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03/02/2024

EUR/CHF Weekly Outlook

EUR/CHF’s pull backed from 0.9471 continued last week but lost momentum and turned sideway after hitting 0.9304. Initial bias remains neutral this week first. While another decline cannot be ruled out, downside should be contained above 0.9252 low to bring rebound. On the upside, firm break of 0.9363 minor resistance will argue that the correction […]
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USD/CAD Daily Outlook

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