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Daily Pivots: (S1) 0.9166; (P) 0.9288; (R1) 0.9350; More…. EUR/CHF’s fall from 0.9660 resumed after brief recovery and intraday bias is back on the downside. Firm break of 0.9204 key support will confirm larger down trend resumption. On the upside, break of 0.9408 resistance is needed to confirm short term bottoming. Otherwise, outlook will stay […]

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EUR/USD Daily Outlook

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02/02/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8549; (P) 0.8599; (R1) 0.8628; More…. Outlook in USD/CHF remains unchanged and intraday bias stays neutral for the moment. On the downside, below 0.8550 will resume the fall from 0.8727 for 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, […]
21/11/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6190; (P) 1.6214; (R1) 1.6230; More… Outlook in EUR/AUD remains unchanged and intraday bias stays neutral. Further decline is expected with 1.6359 resistance intact. On the downside, break 1.6161 will resume the fall from 1.6598 for retesting 1.5996/6002 key support zone. Nevertheless, break of 1.6359 will turn bias to the upside for […]
27/04/2024

GBP/USD Weekly Outlook

GBP/USD rebounded after edging lower to 1.2298 last week. But upside is capped by 1.2538 support turned resistance. Initial bias remains neutral this week first. On the downside, break of 1.2421 will argue that rebound from 1.2298 has completed and bring retest of this low. However, decisive break of 1.2538 will bring stronger rally to […]