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Daily Pivots: (S1) 1.1085; (P) 1.1125; (R1) 1.1152; More…. Intraday bias in EUR/USD remains neutral as consolidation continues below 1.1173 temporary top. Further rally is expected as long as 1.1046 resistance turned support holds. Above 1.1173 will target 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232. However, break of 1.1046 will indicate short […]

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09/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0826; (R1) 1.0859; More… Intraday bias in EUR/USD remains neutral for the moment, and outlook is unchanged. On the downside, decisive break of 1.0694/0723 support zone will resume whole fall from 1.1138. On the upside, though, break of 1.0875 will resume the rebound from 1.0723 towards 1.0980 resistance instead. In […]
21/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8855; (P) 0.8891; (R1) 0.8949; More…. USD/CHF is staying in consolidation above 0.8825 and intraday bias remains neutral for the moment. Outlook will stay bearish as long as 0.8992 resistance holds. On the downside, break of 0.8825 will resume the fall from 0.9223. Next target is 61.8% retracement of 0.8332 to 0.9223 […]
04/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8467; (P) 0.8511; (R1) 0.8535; More…. Price actions from 0.8332 are still seen as a corrective pattern only. Intraday bias stays neutral and outlook remains bearish with 0.8665 support turned resistance intact. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture, […]