EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9482; (P) 0.9555; (R1) 0.9599; More…. Intraday bias in EUR/CHF remains on the downside for the moment. Sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the chance of long term down trend resumption, and target 0.9252 low next. On the upside, above 0.9604 minor resistance will turn […]

EUR/AUD gyrated lower last week despite weak downside momentum. On the downside, sustained trading below 55 D EMA (now at 1.6432) will argue that rise from 1.5996 has completed. Deeper fall would then be seen back to this support. Nevertheless, strong rebound from current levels, followed by break of 1.6580 resistance, will argue that pullback […]

Daily Pivots: (S1) 1.0745; (P) 1.0799; (R1) 1.0862; More…. Intraday bias in EUR/USD is turned neutral again first with current retreat. On the upside, firm break of 1.0915 will resume whole rise from 1.0601. On the downside, break of 1.0718 will resume the fall from 1.0915 instead. In the bigger picture, price actions from 1.1274 […]