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Daily Pivots: (S1) 0.9329; (P) 0.9363; (R1) 0.9419; More…. A temporary low as formed at 0.9305 in EUR/CHF with current recovery and intraday bias is turned neutral for consolidations. Deeper decline is still expected with 0.9444 resistance intact. Below 0.9305 will resume the fall from 0.9579 to retest 0.9209 low. Nevertheless, firm break of 0.9444 […]

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03/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8489; (P) 0.8513; (R1) 0.8542; More… Intraday bias in USD/CHF stays neutral at this point, and further decline is expected as long as 0.8540 resistance holds. Break of 0.8339 will resume the fall from 0.9223 and target 0.8332 low. However, considering bullish convergence condition in 4H MACD, firm break of 0.8540 will […]
31/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9319; (P) 0.9343; (R1) 0.9370; More… Intraday bias in EUR/CHF is turned neutral first with current recovery. While fall from 0.9471 could extend lower, strong support is still expected above 0.9252 low to bring rebound. On the upside, above 0.9388 minor resistance will turn bias back to the upside. Further break of […]
04/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 159.02; (P) 160.40; (R1) 161.15; More…. Intraday bias in EUR/JPY remains on the downside at this point. Fall from 164.29 is in progress for 161.8% projection of 164.29 to 161.22 from 163.70 at 158.73. Sustained break there will target 154.32 cluster support (38.2% retracement of 139.05 to 164.29 at 154.64). On the […]