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Daily Pivots: (S1) 0.8842; (P) 0.8864; (R1) 0.8880; More…. Intraday bias in USD/CHF is turned neutral with current retreat, and some consolidations would be seen first. Downside should be contained by 0.8727 resistance turned support to bring another rally. On the upside, above 0.8884 will resume the rise from 0.8332 to 100% projection of 0.8332 […]

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08/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2669; (P) 1.2703; (R1) 1.2726; More… Intraday bias in GBP/USD stays on the downside despite some loss of momentum. Fall from 1.3043 should continue to 1.2612 support. Decisive break there should confirm that rise from 1.2298 has completed, and target this support next. However, break of 1.2839 resistance will argue that the […]
11/01/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3363; (P) 1.3383; (R1) 1.3399; More… Intraday bias in USD/CAD is turned neutral with current retreat. But further rally is in favor as long as 1.3286 minor support holds. Above 1.3413 will resume the rebound from 1.3176 to 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave the […]
04/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9707; (P) 0.9723; (R1) 0.9741; More…. EUR/CHF’s rally from 0.9476 continues today and intraday bias stays on the upside. Further rally would be seen to retest 0.9928 resistance. Firm break there will resume whole rally from 0.9252. On the downside, below 0.9680 minor support will turn intraday bias neutral first. In the […]