Daily Pivots: (S1) 0.9570; (P) 0.9602; (R1) 0.9620; More… While deeper fall could be seen in USD/CHF, downside should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to bring rebound. On the upside, above 0.9763 minor resistance will turn bias back to the upside for recovery. However, sustained break of 0.9525 will…
USDCHF Outlook
Daily Pivots: (S1) 0.9570; (P) 0.9602; (R1) 0.9620; More… No change in USD/CHF’s outlook. While further decline cannot be ruled out, downside should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to bring rebound. On the upside, above 0.9763 minor resistance will turn bias back to the upside for recovery. However, sustained…
Daily Pivots: (S1) 0.9599; (P) 0.9621; (R1) 0.9645; More… USD/CHF’s downside momentum is diminishing as in 4 hour MACD. While further decline cannot be ruled out, downside should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to bring rebound. On the upside, above 0.9763 minor resistance will turn bias back to the…
Daily Pivots: (S1) 0.9599; (P) 0.9621; (R1) 0.9645; More… No change in USD/CHF’s outlook as fall from 1.0063 could extend lower. But downside should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to bring rebound. On the upside, above 0.9763 minor resistance will turn bias back to the upside for recovery. However,…
Daily Pivots: (S1) 0.9563; (P) 0.9617; (R1) 0.9659; More… Further fall could still be seen in USD/CHF despite loss of downside moment. But downside should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to bring rebound. On the upside, above 0.9763 minor resistance will turn bias back to the upside for recovery.…
Daily Pivots: (S1) 0.9563; (P) 0.9617; (R1) 0.9659; More… USD/CHF’s fall from 1.0063 could still extend lower. But downside should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to bring rebound. On the upside, above 0.9763 minor resistance will turn bias back to the upside for recovery. However, sustained break of 0.9525…
Daily Pivots: (S1) 0.9607; (P) 0.9679; (R1) 0.9728; More… USD/CHF’s fall form 1.0063 is still in progress. Intraday bias stays on the downside for 55 day EMA (now at 0.9595) and below. But downside should be contained by 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to bring rebound. On the upside, above 0.9763 minor…