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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 […]

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USD/CHF Daily Outlook

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07/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9591; (P) 0.9611; (R1) 0.9634; More… Intraday bias in EUR/CHF stays on the upside despite diminishing upside momentum. Rise from 0.9252 is in progress for 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. On the downside, below 0.9582 minor support will turn intraday bias neutral and bring consolidations first, […]
11/10/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8542; (P) 0.8578; (R1) 0.8597; More… Intraday bias in USD/CHF stays neutral for consolidation below 0.8611 temporary top. On the upside, above 0.8611 will resume the rebound from 0.8374 to 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break there will argue that fall from 0.9223 has completed after defending 0.8332 […]
25/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0821; (P) 1.0844; (R1) 1.0861; More….. Intraday bias in EUR/USD stays on the downside, and fall from 1.0947 short term top should extend to 55 D EMA (now at 1.0813). Sustained break there will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947, and target 1.0601/0665 support […]