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Daily Pivots: (S1) 1.3903; (P) 1.3927; (R1) 1.3949; More… Sideway trading continues in USD/CAD below 1.3958. Intraday bias stays neutral, but further rise is is expected as long as 1.3822 support holds. On the upside, decisive break of 1.3976 key resistance will confirm larger up trend resumption. On the downside break of 1.3822 support will […]

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25/10/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8646; (P) 0.8662; (R1) 0.8674; More… Intraday bias in USD/CHF remains neutral for consolidation below 0.8685 temporary low. Further rally is still in favor as long as 0.8629 minor support holds. Sustained break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from 0.9223 has completed at 0.8374, […]
14/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0768; (P) 1.0788; (R1) 1.0809; More… Intraday bias in EUR/USD remains neutral for the moment. Further rally is in favor as long as 1.0723 minor support holds. On the upside, break of 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, firm break of 1.0723 will argue that the […]
03/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9050; (P) 0.9071; (R1) 0.9100; More…. USD/CHF’s rally is in progress and intraday bias stays on the upside. Current rise is in progress for 0.9243 key resistance next. On the downside, break of 0.9005 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat. In […]