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USD/CHF’s rebound from 0.8987 extended to 0.9157 last week before turning sideway. Current development suggests that pull back from 0.9223 has completed already. Initial bias remains neutral this week first and further rise is in favor. Above 0.9157 will bring retest of 0.9223. However, break of 0.9077 support will bring retest of 0.8987. Break there […]

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EUR/CHF Daily Outlook

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15/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6507; (P) 1.6538; (R1) 1.6569; More… Intraday bias in EUR/AUD remains neutral for the moment. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127 again, to extend the […]
23/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0628; (P) 1.0650; (R1) 1.0675; More… Intraday bias in EUR/USD remains neutral as range trading continues. Upside of recovery should be limited by 1.0723 support turned resistance. Break of 1.0601 will resume the fall from 1.1138 to 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. In the bigger picture, […]
19/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8809; (P) 0.8860; (R1) 0.8892; More…. USD/CHF decline is still in progress and intraday bias remains neutral. Rise from 0.8332 could have completed at 0.9223, ahead of 0.9243 key resistance. Further fall would be seen to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8880 will turn […]