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Daily Pivots: (S1) 0.9696; (P) 0.9714; (R1) 0.9727; More…. Intraday bias in EUR/CHF stays neutral at this point, as consolidation from 0.9754 is extending. Further rally is expected with 0.9639 support intact. On the upside, above 0.9754 will resume the rebound from 0.9476 to retest 0.9928 high. Nevertheless, break of 0.9639 will turn bias back […]

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EUR/USD Mid-Day Outlook

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24/05/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3676; (P) 1.3710; (R1) 1.3763; More… USD/CAD’s rebound from 1.3589 extended higher today. The development indicates that correction from 1.3845 has completed with three waves down to 1.3589. Intraday bias is back on the upside for 1.3761 resistance first. Break there will bring retest of 1.3845 high. On the downside, below 1.3655 […]
22/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0864; (P) 1.0894; (R1) 1.0951; More… Intraday bias in EUR/USD stays mildly on the downside at this point. Pull back from 1.0980 has possibly completed at 1.0834, after drawing support from 55 D EMA. Firm break of 1.0980 resistance will resume the rise from 1.0694. On the downside, sustained trading below 55 […]
22/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0870; (P) 1.0889; (R1) 1.0903; More…. EUR/USD is staying in range below 1.0947 and intraday bias remains neutral. 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 […]