USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8646; (P) 0.8662; (R1) 0.8674; More… Intraday bias in USD/CHF is turned neutral as a temporary top is formed at 0.8685, ahead of 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Considering bearish divergence condition in 4H MACD, firm break of 0.8629 support will indicate short term topping, and turn bias back […]

Daily Pivots: (S1) 152.12; (P) 152.61; (R1) 153.42; More… Intraday bias in USD/JPY remains neutral at this point, and more consolidations would be see. Another rise is expected with 151.44 support intact. Sustained trading above of 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. However, considering bearish […]

Daily Pivots: (S1) 155.75; (P) 156.03; (R1) 156.56; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to 100% projection of 151.86 to 156.78 from 153.59 at […]