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Daily Pivots: (S1) 1.0355; (P) 1.0381; (R1) 1.0410; More… EUR/USD is staying in consolidation from 1.0176 and intraday bias remains neutral. Strong resistance is expected from 1.0531 to limit upside. On the downside, break of 1.0176 will resume whole fall from 1.1213. However, sustained break of 1.0531 will rise the chance of bullish reversal and […]

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USD/CHF Daily Outlook

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17/08/2024

EUR/CHF Weekly Outlook

EUR/CHF’s rebound from 0.9209 extended to as high as 0.9579 last week before retreating. Initial bias is turned neutral this week first for some consolidations. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9593) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive […]
20/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8517; (P) 0.8525; (R1) 0.8542; More…. Intraday bias in EUR/GBP is turned neutral with current recovery. IN case of another fall, strong support should be seen from 100% projection of 0.8624 to 0.8530 from 0.8591 at 0.8497, which is close to 55 D EMA (now at 0.8494), to complete the correction from […]
13/02/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0309; (P) 1.0345; (R1) 1.0398; More… No change in EUR/USD’s outlook as consolidations from 1.0176 is still extending. Intraday bias stays neutral at this point. Outlook will remain bearish as long as 38.2% retracement of 1.1213 to 1.0176 at 1.0572 holds. On the downside, break of 1.0176 will resume whole fall from […]