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Daily Pivots: (S1) 154.03; (P) 155.26; (R1) 156.11; More.. Intraday bias in EUR/JPY stays neutral as consolidation from 153.15 is extending. Outlook will stay bearish as long as 157.67 resistance holds. Break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In the bigger picture, price actions […]

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08/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9321; (P) 0.9395; (R1) 0.9488; More…. EUR/CHF’s recovery from 0.9209 extended higher but upside is capped below 0.9476 support turned resistance. Intraday bias remains neutral and further decline is still expected. On the downside, below 0.9333 minor support will bring retest of 0.9209 first. Firm break there will resume larger fall from […]
21/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9871; (P) 0.9882; (R1) 0.9898; More…. EUR/CHF’s rally is in progress and intraday bias stays on the upside. Decisive break of 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899 will pave the way to 100% projection at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below […]
10/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8906; (P) 0.8940; (R1) 0.8998; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, after drawing support from 0.8883 fibonacci level. Intraday bias will be back on the upside for 0.9157/9223 resistance […]