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Daily Pivots: (S1) 1.0929; (P) 1.0958; (R1) 1.0980; More… EUR/USD is still bounded in range trading and intraday bias remains neutral. Further fall is in favor as long as 1.0997 minor resistance intact. Break of 1.0876 will resume the fall from 1.1138 to 1.0722 support next. Nevertheless, firm break of 1.0997 will turn bias back […]

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17/05/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9806; (P) 0.9827; (R1) 0.9869; More…. EUR/CHF’s rally from 0.9252 resumed by breaking through 0.9847 resistance. Intraday bias is back on the upside for 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899. Decisive break there could prompt upside acceleration to 100% projection at 1.0106, which is slightly above 1.0095 key […]
26/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1130; (P) 1.1165; (R1) 1.1229; More…. Intraday bias in EUR/USD Is turned neutral first with current retreat and some consolidations would be seen. Downside of retreat should be contained above 1.0007 resistance turned support to bring another rally. Above 1.1200 will resume recent rally to 161.8% projection of 1.0665 to 1.0947 from […]
14/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 160.79; (P) 161.29; (R1) 161.94; More… Intraday bias in EUR/JPY stays neutral at this point. Outlook stays bearish with 38.2% retracement of 175.41 to 154.40 at 162.42 intact. On the downside, below 157.71 minor support will bring retest of 154.40 first. Break there will resume the fall from 175.41 to 153.15 support […]