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Daily Pivots: (S1) 0.9421; (P) 0.9465; (R1) 0.9511; More…. Intraday bias in EUR/CHF remains neutral for the moment. Another rally is still in favor as long as 0.9305 support holds. On the upside, above 0.9502 will resume the rally from 0.9305, as the third leg of the pattern from 0.9209, to 0.9579 resistance. However, break […]

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USD/CHF Daily Outlook

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11/11/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0667; (P) 1.0738; (R1) 1.0788; More… EUR/USD’s decline resumed by breaking through 1.0681 temporary low and intraday bias is back on the downside. Sustained trading below 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656 will extend the fall from 1.1213 to 100% projection at 1.0483. On the upside, above 1.0727 […]
27/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.10; (P) 161.51; (R1) 162.28; More…. EUR/JPY falls sharply after edging higher to 163.47 but stays above 159.03 support. Intraday bias is turned neutral first. On the upside, break of 163.47/86 will extend the corrective pattern from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. However, firm break of 159.03 […]
07/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.01; (P) 155.75; (R1) 156.86; More…. Intraday bias in USD/JPY stays neutral for the moment and outlook is unchanged. Risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen as the third leg of the corrective pattern from 160.20. On the downside, break of 154.53 […]