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Daily Pivots: (S1) 1.0890; (P) 1.0913; (R1) 1.0954; More… EUR/USD’s fall from 1.1213 accelerates further and intraday bias remains on the downside. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Firm break there will pave the way to 100% projection at 1.0483.For now, near term outlook will stay bearish as […]

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30/10/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8646; (P) 0.8672; (R1) 0.8700; More… Outlook in USD/CHF remains unchanged and intraday bias stays neutral for consolidation below 0.8699 temporary top. Further rally remains in favor as long as 55 D EMA (now at 0.8608) holds. On the upside, decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will […]
15/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.98; (P) 163.29; (R1) 163.69; More…. EUR/JPY is still struggling to break through 163.47/86 resistance zone and intraday bias remains neutral. On the upside, firm break of 163.47/86 resistance will resume the rebound from 154.40 to 61.8% retracement of 175.41 to 154.40 at 167.38. On the downside, break of 158.09 will bring […]
11/07/2024

EUR/USD Mid-Day Outlook

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, […]