EUR/CHF Daily Outlook

Daily Pivots: (S1) 1.0742; (P) 1.0764; (R1) 1.0803; More… No change in EUR/USD’s outlook and intraday bias stays neutral. Further rally is expected as long as 55 4H EMA (now at 1.0742) holds. On the upside, above 1.0810 will resume the rebound from 1.0601 to 1.0884 resistance next. However, firm break of 55 4H EMA […]

Daily Pivots: (S1) 1.0907; (P) 1.0922; (R1) 1.0938; More….. EUR/USD dips mildly in early US session as consolidation from 1.1007 extends. Intraday bias remains neutral first. While deeper retreat cannot be ruled out, downside should be contained well above 1.0776 support. On the upside, above 1.0944 minor resistance will bring retest of 1.1007 first. Further […]

Daily Pivots: (S1) 0.9524; (P) 0.9545; (R1) 0.9583; More…. EUR/CHF is staying inc consolidation above 0.9476 and intraday bias remains neutral. While stronger recovery cannot be ruled out, outlook will remain bearish as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 at […]