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EUR/CHF gyrated lower as corrective fall from 0.9660 extended, but recovered after drawing support from 0.9489. Initial bias stays neutral first and further rally is expected. On the upside, above 0.9581 minor resistance will indicate that the pullback has completed and bring retest of 0.9660 high. Firm break there will resume whole rise from 0.9204. […]

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EUR/USD Weekly Outlook

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18/12/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 152.99; (P) 153.66; (R1) 154.17; More… USD/JPY is staying in consolidations below 154.47 temporary top and intraday bias remains neutral. Further rally is expected as long as 151.79 minor support holds. Above 154.47 temporary top will target a retest on 156.74 high first. Firm break there will resume whole rally from 139.57, […]
16/12/2023

USD/CHF Weekly Outlook

USD/CHF’s fall from 0.9111 continued last week and edged lower to 0.8629 last week. Nevertheless, with subsequent recovery, initial bias is neutral this week for consolidations first. Break of 0.8629 will resume the decline to retest 0.8551 key support level. However, break of 0.8819 will turn bias back to the upside for stronger rebound. In […]
14/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8585; (P) 0.8597; (R1) 0.8603; More… Intraday bias in EUR/GBP remains neutral at this point. On the downside, below 0.8585 minor support will argue that rebound from 0.8529 has completed, and larger fall might be ready to resume. Intraday bias will be back on the downside for 0.8529 support first. In the […]