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EUR/CHF stayed in consolidation below 0.9444 last week and outlook is unchanged. Initial bias remains neutral this week first. Rebound from 0.9204 is seen as a corrective move and could extend above 0.9440 But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9336 support will argue that the correction […]

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26/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.00; (P) 192.64; (R1) 193.49; More… GBP/JPY’s rise from 183.70, as the third leg of the corrective pattern from 180.00, is in progress and breached 193.45 resistance. Intraday bias stays on the upside for 61.8% retracement of 208.09 to 180.00 at 197.35 next. On the downside, below 190.11 minor support will turn […]
11/11/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0667; (P) 1.0738; (R1) 1.0788; More… Intraday bias in EUR/USD remains neutral and more consolidations could be seen above 1.0681 temporary low. Outlook will stay bearish as long as 1.0936 resistance holds. Below 1.0681 will resume the fall from 1.1213 and target 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656, […]
13/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9418; (P) 0.9430; (R1) 0.9446; More… EUR/CHF’s rally extends today, and it’s now pressing 0.9471 resistance. Intraday bias stays on the upside. Firm break of 0.9471 will confirm resumption of whole rebound from 0.9252. Next target is 100% projection of 0.9252 to 0.9471 from 0.9304 at 0.9523. On the downside, below 0.9428 […]