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Daily Pivots: (S1) 0.9282; (P) 0.9392; (R1) 0.9492; More…. EUR/CHF’s fall from 0.9660 continues today and intraday bias stays on the downside. Break of 0.9331 support suggests that rise form 0.9204 has already completed as a three-wave correction. Deeper decline should be seen to retest 0.9204 low next. On the upside, above 0.9408 minor resistance […]

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EUR/USD Daily Outlook

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05/03/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3553; (P) 1.3568; (R1) 1.3591; More… No change in USD/CAD as consolidations continue below 1.3605 temporary top. Intraday bias stays neutral and further rally is expected as long as 1.3439 support holds. Break of 1.3605 will resume the rise from 1.3176 and target 100% projection of 1.3176 to 1.3540 from 1.3357 at […]
19/01/2025

EUR/USD Weekly Outlook

EUR/USD edged lower to 1.0176 last week but recovered after breaching 1.0199 fibonacci level briefly. Initial bias stays neutral this week first and more consolidations could be seen. But outlook will remain bearish as long as 1.0439 resistance holds. On the downside, break of 1.0176 will resume the fall from 1.1213 and target 61.8% projection […]
11/11/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8283; (P) 0.8305; (R1) 0.8317; More… Intraday bias in EUR/GBP remains on the downside as larger down trend is resuming. Next near term target is 61.8% projection of 0.8624 to 0.8294 from 0.8446 at 0.8242. Break there will target 0.8201 key support. On the upside, above 0.8339 minor resistance will turn intraday […]