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Daily Pivots: (S1) 0.8763; (P) 0.8784; (R1) 0.8808; More… Outlook in USD/CHF remains unchanged for now. Corrective fall from 0.8956 could have completed at 0.8735 after hitting 55 D EMA. Further rally is in favor to retest 0.8956 high first. However, considering head and shoulder top pattern, firm break of the EMA will argue that […]

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USD/CHF Mid-Day Outlook

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AUD/USD Daily Report

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29/11/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8756; (P) 0.8787; (R1) 0.8813; More…. Intraday bias in USD/CHF stays on the downside and outlook is unchanged. Firm break of 100% projection of 0.9243 to 0.8886 from 0.9111 at 0.8754 will target 161.8% projection at 0.8533, which is close to 0.8551 low. On the upside, above 0.8817 minor resistance will turn […]
18/05/2024

EUR/CHF Weekly Outlook

EUR/CHF’s rally from 0.9252 resumed by breaking through 0.9847 resistance last week. Initial bias stays on the upside this week for 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899. Decisive break there could prompt upside acceleration to 100% projection at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below […]
06/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8616; (P) 0.8632; (R1) 0.8649; More… USD/CHF’s rise from 0.8374 resumed by breaking through 0.8710 and intraday bias is back on the upside. Sustained trading above 0.8710 will argue that fall from 0.9223 has completed after defending 0.8332 low. Further rally should then be seen to 61.8% retracement at 0.8899 next. For […]