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Daily Pivots: (S1) 0.8989; (P) 0.9033; (R1) 0.9057; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the downside, firm break of 55 4H EMA (now at 0.9018) will bring deeper pullback. But downside should be contained by 0.8884 resistance turned support to bring rebound. On the upside, break of 0.9094 will […]

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EUR/USD Mid-Day Outlook

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24/07/2024

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9665; (P) 0.9678; (R1) 0.9688; More…. EUR/CHF’s fall from 0.9772 resumed by breaking through 0.9641 support and intraday bias is back on the downside. Next target is 61.8% retracement of 0.9476 to 0.9772 at 0.9589. Sustained break there will target 0.9476 low. For now, risk will stay on the downside as long […]
11/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 154.54; (P) 155.32; (R1) 156.76; More.. EUR/JPY’s recovery from 153.15 extends higher today but outlook is unchanged. Upside should be limited below 158.36 minor resistance to bring another fall. On the downside, below 155.98 will turn bias to the downside for retesting 153.15. Break of 153.15 and sustained trading below 38.2% retracement […]
13/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0904; (P) 1.0924; (R1) 1.0946; More… Intraday bias in EUR/USD remains neutral for the moment. Further rise is in favor as long as 55 4H EMA (now at 1.0892) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high). However, sustained break of the EMA will turn bias to […]