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Daily Pivots: (S1) 0.8720; (P) 0.8757; (R1) 0.8789; More…. No change in USD/CHF’s outlook as intraday bias remains neutral. Further rise remains in favor with 0.8722 minor support intact. Above 0.8819 will resume the rebound from 0.8665 short term bottom to 0.8886 support turned resistance first. However, firm break of 0.8722 will retain near term […]

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GBP/USD Mid-Day Outlook

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27/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9442; (P) 0.9467; (R1) 0.9482; More…. Intraday bias in EUR/CHF stays neutral and outlook is unchanged. On the upside, sustained break of 55 D EMA (now at 0.9569) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 will suggest rejection by 55 D EMA, and turn bias […]
22/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2336; (P) 1.2402; (R1) 1.2437; More… Intraday bias in GBP/USD remains on the downside at this point. Decisive break of 100% projection of 1.2892 to 1.2538 from 1.2708 at 1.2354 will extend the fall from 1.2892 to 161.8% projection at 1.2207 next. On the upside, above 1.2467 minor resistance will turn bias […]
31/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3837; (P) 1.3851; (R1) 1.3864; More… A temporary top is in place with current retreat and intraday bias in USD/CAD is turned neutral first. Further rally is expected as long as 1.3796 support holds. Rise from 1.3176 should be resuming and next target is 61.8% projection of 1.3176 to 1.3845 from 1.3588 […]