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Daily Pivots: (S1) 0.8727; (P) 0.8754; (R1) 0.8780; More…. USD/CHF’s rebound from 0.8655 is in progress and intraday bias stays on the upside for 0.8886 support turned resistance first. Decisive break there will indicate that whole fall from 0.9243 has completed, and bring stronger rally to 0.9111 resistance next. On the downside, below 0.8727 minor […]

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05/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9568; (P) 0.9595; (R1) 0.9634; More… EUR/CHF’s rally from 0.9252 is in progress and intraday bias stays on the upside for 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. On the downside, below 0.9553 minor support will turn intraday bias neutral and bring consolidations first, before staging another rise. […]
10/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8482; (P) 0.8507; (R1) 0.8549; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. Consolidation from 0.8332 is in progress and stronger recovery cannot be ruled out. But outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall […]
26/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0689; (P) 1.0716; (R1) 1.0742; More…. Intraday bias in EUR/USD remains neutral and outlook stays bearish with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. However, firm break of 1.0760 will turn intraday bias back to […]