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Daily Pivots: (S1) 0.8780; (P) 0.8808; (R1) 0.8845; More… Intraday bias in USD/CHF is turned neutral first with current retreat. Outlook will stay bullish as long as 0.8700 support holds, in case of retreat. Break of 0.8840 temporary top will resume the rise from 0.8374 to 61.8% retracement of 0.9223 to 0.8374 at 0.8899. Sustained […]

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EUR/CHF Daily Outlook

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EUR/USD Mid-Day Outlook

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07/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8874; (P) 0.8911; (R1) 0.8930; More…. Intraday bias in USD/CHF stays neutral with focus on 0.8883 fibonacci level. Strong rebound from current level, followed by break of 0.8987 support turned resistance, will suggest that correction from 0.9223 has completed, and retain near term bullishness. However, sustained break of 0.8883 fibonacci level will […]
16/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0934; (P) 1.0951; (R1) 1.0968; More… EUR/USD is still bounded in range above 1.0876 despite today’s decline. Intraday bias stays neutral for the moment. Further fall is in favor as long as 1.0997 minor resistance intact. Break of 1.0876 will resume the fall from 1.1138 to 1.0722 support next. Nevertheless, firm break […]
20/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2661; (P) 1.2711; (R1) 1.2782; More… GBP/USD dips notably today but stays well above 1.2499 support. Intraday bias remains neutral first. While more consolidations could be seen, further rally is still expected. On the upside, firm break of 1.2793 will resume the rally from 1.2036. Next target is 61.8% projection of 1.2068 […]