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Daily Pivots: (S1) 0.9014; (P) 0.9036; (R1) 0.9066; More…. Intraday bias in USD/CHF remains neutral at this point. Further rally is expected as long as 0.8964 support holds. Firm break of 0.9070 will resume larger rise from 0.8332 towards 0.9243 key resistance next. In the bigger picture, price actions from 0.8332 medium term bottom as […]

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GBP/USD Mid-Day Outlook

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USD/CHF Mid-Day Outlook

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19/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2616; (P) 1.2660; (R1) 1.2691; More… GBP/USD rebounds strongly today but stays below 1.2793 resistance. Intraday bias remains neutral first. Further rally is expected as long as 1.2499 support holds. On the upside, firm break of 1.2793 will resume the rally from 1.2036. Next target is 61.8% projection of 1.2068 to 1.2731 […]
13/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8495; (P) 0.8523; (R1) 0.8539; More… Intraday bias in USD/CHF remains neutral for the moment. As long as 0.8548 resistance holds, further decline is expected. On the downside, firm 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, […]
19/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0900; (P) 1.0916; (R1) 1.0939; More… No change in EUR/USD’s outlook as consolidation from 1.1008 is still extending. Intraday bias stays neutral at this point. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. […]