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Daily Pivots: (S1) 0.8444; (P) 0.8475; (R1) 0.8536; More… No change in USD/CHF’s outlook as range trading continues and intraday bias stays 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, break of 0.8548 resistance will confirm […]

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30/11/2023

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9563; (P) 0.9608; (R1) 0.9632; More… EUR/CHF’s fall from 0.9683 accelerated to as low as 0.9547 so far today. The development confirms rejection by 0.9691 resistance, and dampened the case of larger bullish reversal. Intraday bias is now on the downside for 61.8% retracement level of 0.9416 to 0.9683 at 0.9518. Sustained […]
20/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6458; (P) 1.6484; (R1) 1.6509; More… Outlook in EUR/AUD is unchanged as range trading continues. Intraday bias stays neutral for the moment. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen […]
10/11/2024

USD/CHF Weekly Outlook

USD/CHF surged to as high as 0.8733 last week but turned sideway since then. Initial bias stays neutral this week for more consolidations first. Current development suggests that fall from 0.9223 has completed at 0.8374, ahead of 0.8332 key support. Further rally is expected as long as 0.8614 support holds. Above 0.8733 will target 61.8% […]