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Daily Pivots: (S1) 1.0812; (P) 1.0827; (R1) 1.0852; More… Intraday bias in EUR/USD remains neutral for consolidation s above 1.0801 temporary low. Risk will stay on the downside as long as 55 4H EMA (now at 1.0862) holds. Below 1.0801 will resume the fall from 1.0980 to retest 1.0694 first. Break there will resume the […]

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17/08/2024

EUR/AUD Weekly Outlook

EUR/AUD’s correction from 1.7180 short term top continued last week, but downside is contained above 1.6474 support so far. Initial bias remains neutral this week first, and further rally is in favor. On the upside, above 1.6745 will argue that the pullback has completed, and turn bias back to the upside for retesting 1.7180. However, […]
03/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9731; (P) 0.9755; (R1) 0.9803; More… EUR/CHF is extending the consolidation from 0.9818 and intraday bias remains neutral. Another rally is expected as long 0.9689 support holds. On the upside, above 0.9818 will resume the rise from 0.9252 towards 1.0095 key resistance next. Nevertheless, considering bearish divergence condition in 4H MACD, break […]
02/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9373; (P) 0.9396; (R1) 0.9413; More…. Intraday bias in EUR/CHF remains neutral for consolidations above 0.9351 temporary low. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of […]