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Daily Pivots: (S1) 0.9684; (P) 0.9724; (R1) 0.9770; More… Intraday bias in EUR/CHF remains mildly on the downside for 38.2% retracement of 0.9252 to 0.9847 at 0.9620. But strong support is expected from there to contain downside to bring rebound, and set the range for the consolidation pattern from 0.9847. Nevertheless, for now, risk will […]

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11/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1006; (P) 1.1028; (R1) 1.1041; More…. Outlook is EUR/USD is unchanged. While consolidation from 1.1200 could extend lower, downside should be contained by 38.2% retracement of 1.0665 to 1.1200 at 1.0996 to bring rebound. Break of 1.1200 will resume larger rise towards 1.1274 high. However, sustained break of 1.0996 will indicate reversal […]
30/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2673; (P) 1.2727; (R1) 1.2754; More… Intraday bias in GBP/USD remains neutral for the moment, and some consolidations would be seen below 1.2799 temporary top. But further rise is expected as long as 1.2670 support holds. Current rally from 1.2298 should target 1.2892 resistance next. However, break of 1.2670 will indicate short […]
09/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8421; (P) 0.8434; (R1) 0.8456; More… Intraday bias in EUR/GBP remains neutral and further decline is expected with 0.8466 resistance intact. On the downside, below 0.8399 will resume the fall from 0.8624 and target 0.8382 support. Firm break there will resume larger down trend. In the bigger picture, as long as 0.8624 […]