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Daily Pivots: (S1) 1.2491; (P) 1.2553; (R1) 1.2630; More… Intraday bias in GBP/USD remains neutral and more consolidations would be seen above 1.2474 temporary low. Outlook will stay bearish as long as 1.2810 resistance holds. On the downside, break of 1.2474 will resume the fall from 1.3433 to 1.2298 cluster support zone. In the bigger […]

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USD/CHF Mid-Day Outlook

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03/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9692; (P) 0.9703; (R1) 0.9726; More…. Intraday bias in EUR/CHF stays on the upside at this point. Fall from 0.9928 could have completed at 0.9476, probably as a corrective move. Further rise would be seen for retesting 0.9928 high. On the downside, however, break of 0.9608 will bring retest of 0.9476 support […]
31/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9750; (P) 0.9817; (R1) 0.9853; More…. Intraday bias in EUR/CHF remains on the downside at this point. Firm break of 0.9728 support will carry larger bearish implications and target 38.2% retracement of 0.9252 to 0.9928 at 0.9670. On the upside, above 0.9816 minor resistance will turn intraday bias neutral first. But risk […]
19/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0713; (P) 1.0737; (R1) 1.0765; More…. No change in EUR/USD’s outlook and intraday bias remains neutral. More consolidations could be seen but further fall is expected as long as 55 4H EMA (now at 1.0760) holds. Fall from 1.0915 is seen as another leg in the larger corrective pattern. Below 1.0677 will […]