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Daily Pivots: (S1) 0.8284; (P) 0.8315; (R1) 0.8339; More… EUR/GBP’s fall from 0.8472 is in progress and intraday bias stays on the downside. Corrective rebound from 0.8221 should have completed already. Deeper decline would be seen to retest this low. On the upside, above 0.8535 minor resistance will turn intraday bias neutral first. In the […]

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19/08/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.14; (P) 162.99; (R1) 163.68; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside, break of 163.86 will target 61.8% retracement of 175.41 to 154.40 at 167.38, as the second leg of the corrective pattern from 175.41. On the downside, below 160.57 minor support will turn bias back […]
02/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9373; (P) 0.9396; (R1) 0.9413; More…. Intraday bias in EUR/CHF remains neutral for consolidations above 0.9351 temporary low. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of […]
19/11/2024

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9347; (P) 0.9358; (R1) 0.9372; More…. EUR/CHF’s break of 0.9331 support suggests that triangle consolidation pattern from 0.9209 has completed. Intraday bias is now on the downside. Break of 0.9305 will target 0.9209 low next. On the upside, above 0.9369 minor resistance will dampen this view, and turn intraday bias neutral again. […]