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EUR/AUD stayed in consolidation above 1.5996 last week and outlook is unchanged. Initial bias stays neutral this week first, but outlook will remain bearish as long as 1.6211 support turned resistance holds. On the downside, break of 1.5996 will target 100% projection of 1.6679 to 1.6211 from 1.6418 at 1.5950. Firm break there will target […]

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EUR/USD Weekly Outlook

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22/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0870; (P) 1.0889; (R1) 1.0903; More…. Intraday bias in EUR/USD stays neutral and further rise is in favor as long as 1.0871 minor support holds. Break of 1.0947 will target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0979. However, firm break of 1.0871 will turn bias to the downside for […]
05/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9711; (P) 0.9733; (R1) 0.9755; More…. Intraday bias in EUR/CHF is turned neutral with current retreat and some consolidations would be seen first. Further rally is expected as long as 0.9639 minor support holds. Above 0.9754 will resume the rise from 0.9476 to 0.9928 high. Nevertheless, break of 0.9639 will turn bias […]
12/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9321; (P) 0.9348; (R1) 0.9375; More… EUR/CHF recovered higher today but outlook is unchanged. Intraday bias stays neutral first and outlook remains bearish with 0.9402 support turned resistance intact. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at 0.9104 next. […]