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Daily Pivots: (S1) 1.0817; (P) 1.0824; (R1) 1.0838; More…. EUR/USD’s rise from 1.0665 resumed by breaking through 1.0844 temporary top and intraday bias is back on the upside for 1.0915 resistance. Firm break there will resume whole rally from 1.0601 and target 100% projection of 1.0601 to 1.0915 from 1.0665 at 1.0919 next. For now, […]

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EUR/CHF Daily Outlook

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06/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8521; (P) 0.8571; (R1) 0.8619; More…. Intraday bias in EUR/GBP remains on the upside at this point. Further rise should be seen to 0.8643 resistance. Decisive break there will strengthen the case of larger bullish reversal and target 0.8764 key resistance next. On the downside, though, below 0.8550 minor support will turn […]
08/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8939; (P) 0.8973; (R1) 0.8992; More… USD/CHF’s break of 0.8956 minor support suggests that rebound from 0.8825 has completed at 0.9049, after rejection by falling channel resistance. Also, fall from 0.9223 is not completed yet. Intraday bias is back on the downside for retesting 0.8825 low next. For now, risk will stay […]
02/09/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1029; (P) 1.1062; (R1) 1.1080; More…. Intraday bias in EUR/USD remains neutral for the moment. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1139 minor resistance will bring retest of 1.1200 first. Break there will target […]