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Daily Pivots: (S1) 0.9503; (P) 0.9521; (R1) 0.9546; More… Intraday bias in EUR/CHF is back on the upside with breach of 0.9533 temporary top. Further rally would be seen to 0.9574 fibonacci level. Considering bearish divergence condition in 4H MACD, strong resistance could be seen there to limit upside. On the downside, break of 0.9466 […]

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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 […]
01/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9607; (P) 0.9624; (R1) 0.9644; More…. Immediate focus is now on 0.9683 as EUR/CHF extended the rebound from 0.9476. Decisive break there will argue that Fall from 0.9928 has completed, probably as a correction. Intraday bias will be back on the upside for retesting 0.9928 resistance. Nevertheless, rejection by 0.9683 will maintain […]
14/03/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0924; (P) 1.0944; (R1) 1.0968; More… EUR/USD is still capped below 1.0980 resistance despite current recovery. Intraday bias remains neutral first. Further rise is in favor as long as 55 4H EMA (now at 1.0904) holds. Above 1.0980 will resume the rally from 1.0694 to retest 1.1138 high. However, sustained break of […]