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Daily Pivots: (S1) 0.9413; (P) 0.9438; (R1) 0.9471; More… EUR/CHF recovered after breaching 0.9407 low briefly and intraday bias is turned neutral. Some consolidations would be seen but further fall is expected as long as 0.9543 resistance holds. Decisive break of 0.9407 will resume larger down trend. In the bigger picture, medium term outlook remains […]

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25/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9675; (P) 0.9716; (R1) 0.9740; More.. Intraday bias in EUR/CHF remains neutral for consolidations below 0.9786. Downside of retreat should be contained by 0.9557 support to bring rebound. On the upside, above 0.9786 will resume the rally from 0.9252 towards 1.0095 resistance next. In the bigger picture, a medium term bottom should […]
09/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9689; (P) 0.9705; (R1) 0.9732; More…. Intraday bias in EUR/CHF remains neutral for the moment, and some more consolidations could be seen below 0.9754 temporary top. Further rally is expected with 0.9639 support intact. On the upside, above 0.9754 will resume the rebound from 0.9476 to retest 0.9928 high. Nevertheless, break of […]
10/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 155.57; (P) 156.33; (R1) 157.52; More… Intraday bias in USD/JPY remains neutral for the moment. On the upside, break of 157.70 will resume the whole rise from 151.86 and target 160.20 high. Nevertheless, break of 154.53 will turn bias to the downside for 151.86 support and possibly below, as the third leg […]