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Daily Pivots: (S1) 0.8328; (P) 0.8353; (R1) 0.8400; More… While EUR/GBP rebounded strongly, upside is still held below 0.8433 resistance. Intraday bias stays neutral and outlook remains bearish for now. On the downside, break of 0.8294 will resume larger down trend to 0.8201 key support next. Strong support could be seen from there to bring […]

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02/03/2024

EUR/USD Weekly Outlook

EUR/USD stayed in range trading below 1.0887 last week and outlook is unchanged. Initial bias stays neutral this week. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now at 1.0831) will affirm the case that fall from 1.1138 has completed. Stronger rally would then be seen back to 1.1138. However, […]
24/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9722; (P) 0.9741; (R1) 0.9780; More… The strong break of 55 4H EMA suggest that EUR/CHF’s pull back from 0.9847 has completed at 0.9563 already. Intraday bias is back on the upside for retesting 0.9847 high. Decisive break there will resume larger rally from 0.9252. On the downside, below 0.9708 minor support […]
26/04/2024

EUR/USD Daily Outlook

.Daily Pivots: (S1) 1.0692; (P) 1.0716; (R1) 1.0754; More… Intraday bias in EUR/USD is back on the upside with break of 1.0723 support turned resistance. Stronger rebound would be seen to 55 D EMA (now at 1.0784). On the downside, break of 1.0677 minor support will turn intraday bias to the downside for retesting 1.0601 […]