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Daily Pivots: (S1) 0.9295; (P) 0.9310; (R1) 0.9331; More…. Range trading continues in EUR/CHF and intraday bias remains neutral. Further decline is in favor with 0.9343 resistance intact. On the downside, below 0.9269 minor support will bring retest of 0.9204/9 support zone. Decisive break there will confirm larger down trend resumption. Nevertheless, firm break of […]

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12/11/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0614; (P) 1.0671; (R1) 1.0713; More… EUR/USD’s fall from 1.1213 is in progress and intraday bias stays on the downside. Next target is100% projection of 1.1213 to 1.0760 from 1.0936 at 1.0483. On the upside, above 1.0686 minor resistance will turn intraday bias neutral first. But outlook will stay bearish as long […]
29/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0855; (R1) 1.0869; More….. Intraday bias in EUR/USD remains neutral for consolidations above 1.0825 temporary low. Further decline is expected as long as 1.0896 minor resistance holds. Below 1.0825 will target 55 D EMA (now at 1.0815). Sustained break there will argue that whole rebound from 1.0601 has completed with […]
05/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9738; (P) 0.9794; (R1) 0.9825; More… EUR/CHF retreated notably after edging higher to 0.9847 and intraday bias is turned neutral. On the upside, above 0.9847 will resume the rally from 0.9252 to 38.2% projection of 0.9304 to 0.9818 from 0.9709 at 0.9905. However, considering bearish divergence condition in 4H MACD, break of […]