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Daily Pivots: (S1) 1.0783; (P) 1.0816; (R1) 1.0848; More… EUR/USD dips slightly today but stays well above 1.0731 support. Intraday bias remains neutral first. On the upside, break of 1.0857 resistance will indicate that correction from 1.0963 has completed already. Retest of 1.0953 should be seen first. Firm break there will resume the rally from […]

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21/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9424; (P) 0.9443; (R1) 0.9460; More… Intraday bias in EUR/CHF remains neutral at this point. Consolidation from 0.9402 could extend further. But deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 […]
23/08/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.1085; (P) 1.1125; (R1) 1.1152; More…. Intraday bias in EUR/USD remains neutral as consolidation continues below 1.1173 temporary top. Further rally is expected as long as 1.1046 resistance turned support holds. Above 1.1173 will target 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232. However, break of 1.1046 will indicate short […]
27/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0823; (P) 1.0842; (R1) 1.0870; More… Intraday bias in EUR/USD remains neutral as range trading continues below 1.0887. On the upside, break of 1.0887 and sustained trading above 55 D EMA (now at 1.0832) will affirm the case that fall from 1.1138 has completed. Stronger rally would then be seen back to […]