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Daily Pivots: (S1) 0.9093; (P) 0.9113; (R1) 0.9138; More…. No change in USD/CHF’s outlook as consolidation form 0.9151 is extending. Intraday bias remains neutral for the moment. Further rally is expected as long as 0.8996 support holds. Break of 0.9151 will resume the larger rise from 0.8332 to 0.9243 resistance. However, firm break of 0.8996 […]

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07/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0856; (P) 1.0885; (R1) 1.0929; More… EUR/USD’s break of 1.0887 confirms resumption of rebound from 1.0694. Intraday bias is back on the upside for retesting 1.1138 first. Firm break there will resume the rise from 1.0447 to retest 1.1274 high. For now, further rally is in favor as long as 1.0795 support […]
08/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0826; (R1) 1.0859; More… Outlook in EUR/USD is unchanged and intraday bias stays neutral first. On the downside, decisive break of 1.0694/0723 support zone will resume whole fall from 1.1138. On the upside, though, break of 1.0875 will resume the rebound from 1.0723 towards 1.0980 resistance instead. In the bigger […]
18/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9606; (P) 0.9619; (R1) 0.9631; More… Range trading continues in EUR/CHF and intraday bias stays neutral. Another dip cannot be ruled out, but outlook will stay bullish as long as 0.9510 support holds. On the upside, break of 0.9630 will resume the rise from 0.9252 and target 161.8% projection of 0.9252 to […]