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Daily Pivots: (S1) 1.3918; (P) 1.3939; (R1) 1.3974; More… Intraday bias in USD/CAD is turned neutral first with current retreat. A temporary top was formed at 1.3958, ahead of 1.3976 resistance. Considering bearish divergence condition in 4H MACD, firm break of 1.3890 minor support will indicate short term topping, and turn bias back to the […]

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30/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8610; (P) 0.8647; (R1) 0.8678; More…. USD/CHF is still bounded in tight range and intraday bias stays neutral. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, […]
28/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8559; (P) 0.8572; (R1) 0.8579; More… Intraday bias in EUR/GBP remains neutral for the moment. With 0.8529 support intact, further rally is in favor. Rebound from 0.8497 is seen as at least correcting the fall from 0.8764. Above 0.8601 will target 161.8% projection of 0.8497 to 0.8577 from 0.8503 at 0.8632. In […]
07/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9340; (P) 0.9361; (R1) 0.9375; More… Intraday bias in EUR/CHF is mildly on the upside with breach of 0.9363 minor resistance. Pull back from 0.9471 could have completed at 0.9304 already. Rise from there would extend to 0.9471 resistance first. On the downside, break of 0.9304 will resume the fall from 0.9471 […]