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Daily Pivots: (S1) 0.8387; (P) 0.8418; (R1) 0.8438; More… Intraday bias in EUR/GBP remains neutral at this point. Overall outlook stay bearish as long as 0.8539 resistance holds. On the downside, break of 0.8392 temporary low will resume the decline from 0.8737 to 0.8221/8239 support zone. In the bigger picture, current development suggests that price […]

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27/01/2024

EUR/USD Weekly Outlook

EUR/USD edged lower to 1.0812 last week but quickly recovered. Initial bias remains neutral this week first. Further decline is mildly in favor as long as 1.0931 resistance holds. On the downside, break of 1.0812 will resume the fall from 1.1138 to 1.0722 support. On the upside, above 1.0931 will turn bias to the upside […]
20/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9371; (P) 0.9393; (R1) 0.9419; More…. EUR/CHF bounces today but stays inside range below 0.9440. Intraday bias remains neutral for the moment. Rebound from 0.9204 is seen as a corrective move and could extend above 0.9440 But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9336 […]
10/05/2025

EUR/USD Weekly Outlook

EUR/USD’s corrective fall from 1.1573 short term top resumed last week. Initial bias stays mildly on the downside this week for 55 D EMA (now at 1.1053). But downside should be contained by 38.2% retracement of 1.0176 to 1.1572 at 1.1039 to bring rebound. On the upside, break of 1.1380 will suggest that the correction […]