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Daily Pivots: (S1) 0.8502; (P) 0.8524; (R1) 0.8538; More…. Intraday bias in EUR/GBP remains neutral as range trading continues above 0.8507. For now, strong support is still expected from 55 D EMA (now at 0.8498), to complete the correction from 0.8624. Break of 0.8591 resistance will argue that rise from 0.8382 is ready to resume […]

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EUR/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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23/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9889; (P) 0.9903; (R1) 0.9923; More…. EUR/CHF’s rally resumed after brief consolidations and intraday bias is back on the upside. Sustained break of 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899 will pave the way to 100% projection at 1.0106, which is slightly above 1.0095 key structural resistance. On the […]
18/01/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0841; (P) 1.0897; (R1) 1.0933; More… Intraday bias in EUR/USD remains on the downside at this point. Current decline from 1.1138 is in progress for 1.0722 support. Sustained break there will argue that whole rise from 1.0447 has completed, and target this low. For now, risk will stay on the downside as […]
01/06/2024

EUR/CHF Weekly Outlook

Considering bearish divergence condition in D MACD, EUR/CHF might have formed a medium term at 0.9928 with last week’s steep decline. Risk will now stay mildly on the downside as long as 0.9928 resistance holds, in case of recovery. Break of 0.9768 and sustained trading below 55 D EMA (now at 0.9765), will bring deeper […]