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Daily Pivots: (S1) 1.0858; (P) 1.0907; (R1) 1.0932; More… Intraday bias in EUR/USD remains mildly on the downside at this point. Fall from 1.0980 short term top would target 1.0797 support. Firm break there will argue that rebound from 1.0694 has completed and bring retest of this low. For now, risk will stay on the […]

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24/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0794; (P) 1.0827; (R1) 1.0850; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. On the upside, break of 1.0894 will resume the rise from 1.0601 to 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed at 1.0601 already. However, firm break of 1.0810 will […]
29/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9091; (P) 0.9120; (R1) 0.9153; More…. Intraday bias in USD/CHF remains neutral for the moment. Further rally is in favor with 0.9077 minor support intact. On the upside, above 0.9157 will bring retest of 0.9223. However, on the downside, break of 0.9077 will suggest that rebound from 0.8987 has completed. Intraday bias […]
08/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.15; (P) 159.80; (R1) 161.91; More… Intraday bias in EUR/JPY stays neutral at this point, and outlook remains bearish with 162.87 resistance intact. On the downside, below 157.71 minor support will turn bias back to the downside. Break of 154.40 will resume the fall from 175.41 to 153.15 support next. However, decisive […]