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Daily Pivots: (S1) 0.9478; (P) 0.9488; (R1) 0.9504; More… Intraday bias in EUR/CHF remains neutral and more consolidations could be seen below 0.9510. Downside of retreat should be contained by 0.9413 minor support to bring another rally. On the upside, break of 0.9510 target 0.9574 fibonacci level next. In the bigger picture, price actions from […]

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EUR/USD Mid-Day Outlook

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05/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8610; (P) 0.8646; (R1) 0.8676; More… Intraday bias in USD/CHF remains mildly on the downside for the moment. Fall from 0.8710 short term top would target 55 D EMA (now at 0.8614). Sustained break there will argue that the rebound form 0.8374 has completed, and bring deeper fall back to this low. […]
11/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3552; (P) 1.3581; (R1) 1.3611; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, below 1.3479 will resume the corrective fall from 1.3897. But downside should be contained by 1.3378 support, which is close to 61.8% retracement of 1.3091 to 1.3897 at 1.3399, to bring rebound. On the […]
06/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0768; (P) 1.0808; (R1) 1.0838; More… EUR/USD’s fall from 1.1016 is still in progress and intraday bias stays on the downside. Sustained break of 55 D EMA (now at 1.0770) will pave the way to retest 1.0447 support. On the upside, above 1.0846 minor resistance will turn intraday bias neutral first. But […]