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Daily Pivots: (S1) 0.9051; (P) 0.9100; (R1) 0.9177; More…. Intraday bias in USD/CHF remains on the upside for the moment. Current rise is part of the whole rally from 0.8332. Next target is 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8818. For now, near term outlook will stay bullish as long as 0.8996 […]

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18/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8604; (P) 0.8645; (R1) 0.8684; More…. Focus stays on 0.8665 support turned resistance as rebound in USD/CHF. Decisive break there will turn near term outlook bullish for 61.8% retracement of 0.9243 to 0.8332 at 0.8995. Nevertheless, break of 0.8565 minor support will turn intraday bias back to the downside for retesting 0.8332 […]
10/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.14; (P) 169.79; (R1) 170.52; More… Intraday bias in EUR/JPY remains neutral first. On the downside, break of 168.01 support will strengthen the case that rise from 164.31 has completed at 170.78 already. Intraday bias will be back on the downside for 167.31 support, and then 164.01. Nevertheless, break of 170.87 will […]
26/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8776; (P) 0.8818; (R1) 0.8858; More… No change in USD/CHF’s outlook and intraday bias stays on the downside. Fall from 0.9223 is in progress for 61.8% retracement of 0.8332 to 0.9223 at 0.8672. For now, risk will stay on the downside as long as 0.8923 resistance holds, in case of recovery. In […]