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Daily Pivots: (S1) 1.3629; (P) 1.3680; (R1) 1.3710; More… Intraday bias in USD/CAD is back on the downside with break of 1.3660 support. Fall from 1.3845 short term top would extend to 55 D EMA (now at 1.3597). On the upside, above 1.3730 minor resistance will turn bias back to the upside for retesting 1.3845 […]

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EUR/USD Daily Outlook

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29/11/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8790; (P) 0.8809; (R1) 0.8824; More…. No change in USD/CHF’s outlook and intraday bias stays on the downside. Current fall from 0.9243 should target 100% projection of 0.9243 to 0.8886 from 0.9111 at 0.8754 next. Nevertheless, break of 0.8873 resistance will turn bias to the upside for stronger rebound. In the bigger […]
13/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8564; (P) 0.8587; (R1) 0.8615; More…. EUR/GBP’s recovery from 0.8548 extends higher today but stays well below 0.8648 support turned resistance. intraday bias remains neutral and further decline is expected. On the downside, break of 0.8548 will target 0.8491 low first. Firm break there will resume larger down trend. In the bigger […]
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 […]