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Daily Pivots: (S1) 0.9051; (P) 0.9080; (R1) 0.9103; More… While USD/CHF pull back from 0.9200 extends lower, downside is still contained above 0.9007 support. Intraday bias remains neutral and further rise is in favor. Above 0.9107 minor resistance will turn bias back to the upside for retesting 0.9200 and 0.9223 key resistance. However, firm break […]

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18/04/2024

AUD/USD Daily Report

Daily Pivots: (S1) 0.6407; (P) 0.6427; (R1) 0.6454; More… A temporary low is formed at 0.6388 in AUD/USD with current recovery and some consolidations would be seen. But upside should be limited by 0.6492 minor resistance. Below 0.6388 should resume larger fall from 0.6870 through 61.8% projection of 0.6870 to 0.6442 from 0.6643 at 0.6378 […]
16/08/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8666; (P) 0.8707; (R1) 0.8768; More…. Intraday bias in USD/CHF is turned neutral first as it retreated after hitting 0.8747. On the upside, sustained break of 38.2% retracement of 0.9223 to 0.8431 at 0.8734 will extend the rebound from 0.8431 to 61.8% retracement at 0.8920, even as a corrective move. On the […]
08/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8698; (P) 0.8736; (R1) 0.8762; More… Intraday bias in USD/CHF is turned neutral with current retreat, and some consolidations would be seen below 0.8773 temporary top first. Further rally is still expected as long as 0.8614 support holds. Above 0.8773 will resume the rise from 0.8374 for 61.8% retracement of 0.9223 to […]