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Daily Pivots: (S1) 0.8549; (P) 0.8559; (R1) 0.8574; More…. EUR/GBP’s correction from 0.8624 extends lower today and deeper fall could be seen. But downside should be contained by 38.2% retracement of 0.8382 to 0.8624 at 0.8532 to bring another rally. On the upside, above 0.8567 minor resistance will turn bias back to the upside for […]

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11/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0817; (P) 1.0824; (R1) 1.0838; More…. Range trading continues in EUR/USD and intraday bias remains neutral. Further rally is in favor as long as 55 4H EMA (now at 1.0796) holds. On the upside, above 1.0844 will resume the rebound from 1.0665 to retest 1.0915 resistance. Firm break there will target 100% […]
05/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9711; (P) 0.9733; (R1) 0.9755; More…. Intraday bias in EUR/CHF is turned neutral with current retreat and some consolidations would be seen first. Further rally is expected as long as 0.9639 minor support holds. Above 0.9754 will resume the rise from 0.9476 to 0.9928 high. Nevertheless, break of 0.9639 will turn bias […]
18/01/2024

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9351; (P) 0.9370; (R1) 0.9389; More… EUR/CHF’s break of 0.9402 support turned resistance suggests that down trend from 1.0095 has completed at 0.9252 already. Rebound from there is tentatively seen as a corrective move first. Intraday bias is now on the upside for 55 D EMA (now at 0.9451). Sustained break there […]