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Daily Pivots: (S1) 0.9675; (P) 0.9716; (R1) 0.9740; More.. Intraday bias in EUR/CHF remains neutral for consolidations below 0.9786. Downside of retreat should be contained by 0.9557 support to bring rebound. On the upside, above 0.9786 will resume the rally from 0.9252 towards 1.0095 resistance next. In the bigger picture, a medium term bottom should […]

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14/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8399; (P) 0.8428; (R1) 0.8444; More… EUR/GBP’s fall resumed after brief recovery and intraday bias is back on the downside. Current down trend should target 0.8376 projection level next. For now, risk will remain on the downside as long as 0.8457 resistance holds, in case of another recovery. In the bigger picture, […]
22/06/2024

EUR/CHF Weekly Outlook

EUR/CHF edged lower to 0.9476 last week but recovered since then. Initial bias remains neutral and some more consolidations would be seen. While stronger recovery cannot be ruled out, outlook will remain bearish as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 […]
31/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2653; (P) 1.2687; (R1) 1.2734; More… Intraday bias in GBP/USD remains neutral at this point, as sideway trading continues. Another fall cannot be ruled out, but downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2784 resistance will suggest that consolidation pattern has completed. Further […]