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Daily Pivots: (S1) 1.0867; (P) 1.0897; (R1) 1.0919; More… Intraday bias in EUR/USD is turned neutral with current retreat. Some consolidations would be seen first but downside should be contained well above 1.0531 resistance turned support. On the upside sustained trading above 161.8% projection of 1.0176 to 1.0531 from 1.0358 at 1.0932 will target 261.8% […]

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EUR/CHF Daily Outlook

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USD/CHF Daily Outlook

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11/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8450; (P) 0.8476; (R1) 0.8495; More… Range trading continues in USD/CHF and intraday bias remains neutral. With 0.8356 resistance intact, further decline is expected. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering bullish […]
09/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.76; (P) 155.22; (R1) 155.96; More… Intraday bias in USD/JPY remains mildly on the upside as this point. Rebound from 151.86 is seen as the second leg of the corrective pattern from 160.20 high. Further rise would be seen to 157.98 resistance. On the downside, below 154.23 minor support will turn intraday […]
16/11/2024

EUR/CHF Weekly Outlook

EUR/CHF still didn’t succeed in breaking out of converging range last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break of 0.9331 will target 0.9305 support first. Firm break there will bring retest of 0.9209 low. On the upside, break of 0.9444 will bring stronger rally to 0.9506 […]