USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8636; (P) 0.8685; (R1) 0.8710; More….. Outlook in USD/CHF remains unchanged and intraday bias stays neutral for now. On the downside, break of 0.8616 support will indicate rejection by 38.2% retracement of 0.9223 to 0.8431 at 0.8734, and turn bias back to the downside for retesting 0.8431 low. On the upside, sustained […]

Daily Pivots: (S1) 0.6826; (P) 0.6839; (R1) 0.6860; More… Intraday bias in AUD/USD remains on the upside, as rise from 0.6269 is in progress for 0.6894 resistance first. Sustained break there will target 0.7156 next. On the downside, below 0.6796 minor support will turn intraday bias neutral first. But outlook will remain bullish as long […]

EUR/CHF’s pull backed from 0.9471 continued last week but lost momentum and turned sideway after hitting 0.9304. Initial bias remains neutral this week first. While another decline cannot be ruled out, downside should be contained above 0.9252 low to bring rebound. On the upside, firm break of 0.9363 minor resistance will argue that the correction […]