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Daily Pivots: (S1) 0.9382; (P) 0.9412; (R1) 0.9428; More…. No change in EUR/CHF’s outlook as range trading continues. Intraday bias stays neutral for the moment. On the downside, break of 0.9331 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9444 will turn intraday bias to the upside for 0.9506 […]

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EUR/USD Mid-Day Outlook

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03/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0721; (P) 1.0735; (R1) 1.0760; More…. EUR/USD’s rebound from 1.0665 resumed by breaking 1.0775 minor resistance today. Current development suggests that pull back from 1.0915 has completed. Intraday bias is back on the upside for 1.0915 resistance next. For now, risk will stay on the upside as long as 1.0709 support holds, […]
25/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.15; (P) 163.98; (R1) 164.48; More… Intraday bias in EUR/JPY remains neutral for the moment. Downside of current retreat should be contained by 55 4H EMA (now at 163.27) to bring rebound. On the upside, break of 165.33 will resume larger up trend to 61.8% projection of 153.15 to 163.70 from 160.20 […]
19/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8809; (P) 0.8860; (R1) 0.8892; More…. Intraday bias in USD/CHF stays on the downside for the moment. Rise from 0.8332 could have completed at 0.9223, ahead of 0.9243 key resistance. Further decline would be seen to 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. For now, risk will stay on the […]