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Daily Pivots: (S1) 1.0956; (P) 1.0972; (R1) 1.0989; More…. Intraday bias in EUR/USD stays on the downside. Fall from 1.1213 short term top is in progress for 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there will argue that fall from 1.1213 is the third leg of the corrective pattern from 1.1274. In […]

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13/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1028; (P) 1.1052; (R1) 1.1099; More…. Intraday bias in EUR/USD stays neutral at this point. Outlook stays bullish with 38.2% retracement of 1.0665 to 1.1200 at 1.0996 intact. Break of 1.1153 will suggest that larger rally is resuming through 1.1200 to 1.1274 key resistance. Nevertheless, sustained break of 1.0996 will indicate reversal […]
12/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9068; (P) 0.9107; (R1) 0.9140; More…. Intraday bias in USD/CHF is turned neutral first with current retreat, and some consolidations would be seen. But further rally is expected as long as 0.8996 support holds. Break of 0.9146 will resume whole rally from 0.8332. Next target is 161.8% projection of 0.8550 to 0.8884 […]
10/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9696; (P) 0.9714; (R1) 0.9727; More…. Intraday bias in EUR/CHF stays neutral at this point, as consolidation from 0.9754 is extending. 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 0.9639 will turn bias back […]