Daily Pivots: (S1) 0.8917; (P) 0.8931; (R1) 0.8958; More…. Intraday bias in USD/CHF stays neutral and more consolidations could be seen above 0.8825. Still, near term outlook remains bearish with 0.8992 resistance intact. Break of 0.8825 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672. In the bigger picture, […]
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Daily Pivots: (S1) 150.97; (P) 151.46; (R1) 152.05; More… USD/JPY’s fall from 156.74 resumed after brief consolidations and intraday bias is back on the downside. Sustained trading below 38.2% retracement of 139.57 to 156.74 at Read more…
Daily Pivots: (S1) 1.2656; (P) 1.2676; (R1) 1.2707; More… GBP/USD’s break of 1.2713 resistance indicates short term bottoming at 1.2486, on bullish convergence condition in 4H MACD. Intraday bias is back on the upside for Read more…
Daily Pivots: (S1) 0.8809; (P) 0.8828; (R1) 0.8851; More… Intraday bias in USD/CHF remains neutral for the moment. Further rally is still in favor as long as 0.8800 support holds. On the upside, break of Read more…