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Daily Pivots: (S1) 0.9475; (P) 0.9500; (R1) 0.9523; More…. EUR/CHF is staying in consolidation below 0.9579 and intraday bias remains neutral for the moment. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9581) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break […]

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02/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8545; (P) 0.8554; (R1) 0.8569; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside, firm break of 0.8529 support will argue that the corrective recovery from 0.8497 has completed at 0.8601. Intraday bias will be back on the downside for retesting 0.8497 low next. On the upside, break […]
09/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9016; (P) 0.9041; (R1) 0.9079; More…. No change in USD/CHF’s outlook as consolidation from 0.9094 is extending. Intraday bias stays neutral at this point. Deeper decline cannot be ruled out, but outlook will stay bullish as long as 0.8884 resistance turned support holds. On the upside, break of 0.9094 will resume larger […]
19/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8394; (P) 0.8424; (R1) 0.8443; More… Break of 0.8417 minor support suggests that consolidation pattern form 0.8399 has complete at 0.8463 already. Intraday bias is back on the downside in EUR/GBP. Break of 0.8399 will resume the decline from 0.8624 to 0.8382 low. Firm break there will resume larger down trend. For […]