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Daily Pivots: (S1) 1.0526; (P) 1.0560; (R1) 1.0589; More… Intraday bias in EUR/USD remains neutral for the moment. Rebound from 1.0330 short term bottom could still extend higher. But outlook will remain bearish as long as 55 D EMA (now at 1.0711) holds. On the downside, break of 1.0471 minor support will turn bias to […]

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27/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9430; (P) 0.9465; (R1) 0.9491; More…. EUR/CHF is staying in sideway consolidation and intraday bias remains neutral first. On the upside, above 0.9506 will resume the rally from 0.9305, as the third leg of the pattern from 0.9209, to 0.9579 resistance. However, break of 0.9305 will resume the decline from 0.9579 towards […]
18/10/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0803; (P) 1.0839; (R1) 1.0866; More…. Intraday bias in EUR/USD stays on the downside for the moment. Fall from 1.1213 is in progress for 61.8% retracement of 1.0447 to 1.1213 at 1.0740 next. Firm break there will target 1.0601 support next. On the upside, above 1.0900 minor resistance will turn intraday bias […]
11/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8743; (P) 0.8764; (R1) 0.8797; More…. Range trading continues in USD/CHF and intraday bias stays neutral at this point. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current level will retain […]