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Daily Pivots: (S1) 1.0282; (P) 1.0310; (R1) 1.0334; More… Intraday bias in EUR/USD remains neutral as sideway trading continues. 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 1.1213. However, decisive break of 1.0572 will raise the […]

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07/10/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9384; (P) 0.9411; (R1) 0.9445; More…. Intraday bias in EUR/CHF remains neutral as range trading continues. For now, the favored case is that rise from 0.9209 low is not finished yet. Break of 0.9506 will turn intraday bias to the upside for 0.9579 resistance and above. However, break of 0.9332 will dampen […]
29/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9561; (P) 0.9581; (R1) 0.9612; More…. Intraday bias in EUR/CHF remains neutral for consolidations above 0.9159. Further decline is expected as long as 0.9641 support turned resistance holds. Rebound from 0.9476 should have completed as a corrective move at 0.9772. Below 0.9519 will bring retest of 0.9476. Firm break there will resume […]
06/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9578; (P) 0.9598; (R1) 0.9611; More… EUR/CHF is losing some upside momentum but intraday bias stays on the upside for now. Current rise from 0.9252 should target 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. On the downside, below 0.9553 minor support will turn intraday bias neutral and bring […]