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Daily Pivots: (S1) 1.0818; (P) 1.0857; (R1) 1.0892; More… Intraday bias in EUR/USD remains neutral for consolidations below 1.0946. Deeper retreat might be seen towards 55 4H EMA (now at 1.0772). But strong support should be seen from 38.2% retracement of 1.0358 to 1.0946 at 1.0721 to contain downside. On the upside, break of 1.0946 […]

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USD/CHF Daily Outlook

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07/03/2024

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9591; (P) 0.9611; (R1) 0.9634; More… Intraday bias in EUR/CHF is turned neutral with current retreat and some consolidations would be seen. But further rally is expected as long as 0.9510 support holds. Above 0.9630 will resume the rebound from 0.9252 to 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 […]
11/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0817; (P) 1.0824; (R1) 1.0838; More…. Range trading continues in EUR/USD and intraday bias remains neutral. Further rally is in favor as long as 55 4H EMA (now at 1.0796) holds. On the upside, above 1.0844 will resume the rebound from 1.0665 to retest 1.0915 resistance. Firm break there will target 100% […]
13/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.74; (P) 145.47; (R1) 146.19; More… Intraday bias in USD/JPY remains neutral, and outlook stays bearish with 147.14 support turned resistance intact. On the downside, break of 144.72 minor support will suggest that rebound from 141.59 has completed at 146.58. Intraday bias will then be back on the downside for retesting 141.59 […]