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Daily Pivots: (S1) 0.8732; (P) 0.8752; (R1) 0.8778; More…. USD/CHF’s rally accelerates to as high as 0.8867 so far, and intraday bias stays on the upside. Next target is 100% projection of 0.8332 to 0.8727 from 0.8550 at 0.8954. Firm break there will pave the way to 161.8% projection at 0.9189. On the downside, below […]

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21/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8523; (P) 0.8532; (R1) 0.8547; More…. Intraday bias in EUR/GBP remains neutral for the moment. In case of another fall, strong support should be seen 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 […]
04/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9707; (P) 0.9723; (R1) 0.9741; More…. EUR/CHF’s rally from 0.9476 continues today and intraday bias stays on the upside. Further rally would be seen to retest 0.9928 resistance. Firm break there will resume whole rally from 0.9252. On the downside, below 0.9680 minor support will turn intraday bias neutral first. In the […]
21/12/2023

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0920; (P) 1.0953; (R1) 1.0975; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.1008 is still extending. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. In the bigger picture, price actions […]