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EUR/CHF’s decline form 0.9928 resumed last week and accelerated to as low as 0.9352. Initial bias remains on the downside this week for 100% projection of 0.9928 to 0.94767 from 0.9772 at 0.9320.Strong support could emerge above 0.9252 low to bring rebound. But near term outlook will now stay bearish as long as 0.9519 support […]

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EUR/USD Weekly Outlook

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21/06/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3674; (P) 1.3697; (R1) 1.3713; More… No change in USD/CAD’s outlook as range trading continues below 1.3790. Corrective fall from 1.3845 should have completed already. Further rally is expected as long as 1.3662 support holds. Break of 1.3790 will target a retest on 1.3845 first. Nevertheless, break of 1.3662 will turn bias […]
25/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.01; (P) 160.54; (R1) 161.10; More… Intraday bias in EUR/JPY stays neutral as consolidation from 161.84 is still in progress. Further rally is expected as long as 158.55 resistance turned support holds. On the upside, break of 161.84 will resume whole rally from 153.15 to 161.8% projection of 153.15 to 158.55 from […]
15/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2930; (P) 1.2960; (R1) 1.3019; More… No change in GBP/USD’s outlook and intraday bias remains on the upside. Rise from 1.2298 is in progress for 100% projection of 1.2298 to 1.2859 from 1.2612 at 1.3173, which is slightly above 1.3141 key medium term resistance. On the downside, below 1.2898 minor support will […]