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Daily Pivots: (S1) 1.4160; (P) 1.4178; (R1) 1.4199; More… Intraday bias in USD/CAD is turned neutral first with current retreat, and some consolidations would be seen. But outlook will remain bullish as long as 1.4009 support holds. Break of 1.4194 will resume larger up trend to 1.4391 projection level. However, considering bearish divergence condition in […]

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EUR/USD Mid-Day Outlook

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18/01/2024

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9351; (P) 0.9370; (R1) 0.9389; More… EUR/CHF’s break of 0.9402 support turned resistance suggests that down trend from 1.0095 has completed at 0.9252 already. Rebound from there is tentatively seen as a corrective move first. Intraday bias is now on the upside for 55 D EMA (now at 0.9451). Sustained break there […]
18/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8857; (P) 0.8883; (R1) 0.8906; More… Intraday bias in USD/CHF remains neutral for consolidations below 0.8916. Outlook will stay bullish as long as 0.8773 resistance turned support holds. On the upside, break of 0.8916 and sustained trading above 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way back to […]
18/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3127; (P) 1.3178; (R1) 1.3211; More… Intraday bias in GBP/USD remains neutral for the moment. On the upside, decisive break of 1.3265 will resume larger rally 1.3364 projection level next. On the downside, below, 1.3177 minor support will turn bias to the downside, to extend the correction from 1.3265 through 1.3000 support. […]