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EUR/CHF’s rally from 0.9252 continued last week and hit as high as 0.9603. Initial bias stays on the upside this week for 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. For now, further rally is expected as long as 0.9510 support holds, in case of retreat. In the bigger picture, as long […]

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EUR/CHF Mid-Day Outlook

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24/10/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.50; (P) 164.26; (R1) 165.47; More…. Intraday bias in EUR/JPY remains on the upside for the moment. Rise from 155.14 is in progress and should target 61.8% retracement of 175.41 to 154.40 at 167.38. Sustained break there will pave the way to retest 175.41 high. On the downside, break of 161.83 support […]
16/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8517; (P) 0.8554; (R1) 0.8572; More…. EUR/GBP’s corrective fall from 0.8624 resumed by breaking through 0.8530. Intraday bias is back on the downside for 100% projection of 0.8624 to 0.8530 from 0.8591 at 0.8497, which is close to 55 D EMA (now at 0.8494). Strong support should be seen there to bring […]
08/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0760; (P) 1.0788; (R1) 1.0822; More… EUR/USD’s fall from 1.1016 resumed after brief recovery, and intraday bias is back on the downside. Sustained trading below 55 D EMA (now at 1.0770) will pave the way to retest 1.0447 support. Nevertheless, break of 1.0894 will turn bias back to the upside for 1.1016 […]