Daily Pivots: (S1) 0.9056; (P) 0.9116; (R1) 0.9159; More…. Intraday bias in USD/CHF remains mildly on the downside. Correction from 0.9243 would target 38.2% retracement of 0.8551 to 0.9243 at 0.8979. On the upside, though, above 0.9176 minor resistance will turn bias back to the upside for retesting 0.9243. In the bigger picture, current development
USDCHF Outlook
USD/CHF edged higher to 0.9243 last week, but subsequent pull back and breach of 0.9089 support indicates short term topping. Initial bias is mildly on the downside this week. Deeper fall would be seen to 38.2% retracement of 0.8551 to 0.9243 at 0.8979. On the upside, though, above 0.9176 minor resistance will turn bias back
Daily Pivots: (S1) 0.9103; (P) 0.9142; (R1) 0.9164; More…. USD/CHF is staying in range below 0.9243 despite the bounce in early US session. Intraday bias remains neutral first. Near term outlook will stay bullish as long as 0.9089 support holds. On the upside, break of 0.9243 will resume the rally from 0.8551 and target 0.9439
Daily Pivots: (S1) 0.9103; (P) 0.9142; (R1) 0.9164; More…. USD/CHF is extending the consolidation from 0.9243 and intraday bias remains neutral. Near term outlook will stay bullish as long as 0.9089 support holds. On the upside, break of 0.9243 will resume the rally from 0.8551 and target 0.9439 resistance next. However, firm break of 0.9089
Daily Pivots: (S1) 0.9134; (P) 0.9183; (R1) 0.9223; More…. Intraday bias in USD/CHF stays neutral at this point. Consolidation is continuing below 0.9243. Near term outlook will stay bullish as long as 0.9089 support holds. On the upside, break of 0.9243 will resume the rally from 0.8551 and target 0.9439 resistance next. However, firm break
Daily Pivots: (S1) 0.9134; (P) 0.9183; (R1) 0.9223; More…. Intraday bias in USD/CHF remains neutral for consolidation below 0.9243. Near term outlook will stay bullish as long as 0.9089 support holds. On the upside, break of 0.9243 will resume the rally from 0.8551 and target 0.9439 resistance next. However, firm break of 0.9089 will confirm
Daily Pivots: (S1) 0.9175; (P) 0.9209; (R1) 0.9246; More…. Intraday bias in USD/CHF is turned neutral with current retreat, and some consolidations could be seen first. But further rally is expected as long as 0.9089 support holds. Break of 0.9243 will resume the rally from 0.8551 and target 0.9439 resistance next. However, firm break of