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Daily Pivots: (S1) 0.8303; (P) 0.8320; (R1) 0.8335; More… Intraday bias in EUR/GBP is turned neutral for consolidations above 0.8290 temporary low. Further decline s expected as long as 0.8353 resistance holds. Corrective rebound from 0.8221 should have completed already. Fall from 0.8472 would target a retest of 0.8221 low. However, firm break of 0.8353 […]

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EUR/CHF Daily Outlook

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20/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8835; (P) 0.8845; (R1) 0.8856; More…. Intraday bias in USD/CHF is turned neutral first with current recovery. Some consolidations would be seen but outlook will stay bearish as long as 0.8992 resistance holds. On the downside, break of 0.8825 will resume the fall from 0.9223. Next target is 61.8% retracement of 0.8332 […]
24/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0669; (P) 1.0695; (R1) 1.0719; More…. Intraday bias in EUR/USD remains neutral first and consolidation from 1.0667 could extend. But further fall is expected with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. In the bigger […]
08/01/2025

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0309; (P) 1.0371; (R1) 1.0403; More… EUR/USD is staying in consolidation above 1.0223 and intraday bias stays neutral. Further decline remains in favor as long as 1.0457 resistance holds. Firm break of 1.0223 will resume the fall from 1.1213. However, sustained break of 1.0457 will confirm short term bottoming, and turn bias […]