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Daily Pivots: (S1) 1.0454; (P) 1.0484; (R1) 1.0521; More… Intraday bias in EUR/USD stays neutral as consolidation from 1.0176 is still extending. Stronger rebound might be seen but outlook will remain bearish as long as 38.2% retracement of 1.1213 to 1.0176 at 1.0572 holds. On the downside, break of 1.0176 will resume whole fall from […]

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USD/CHF Daily Outlook

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10/12/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0526; (P) 1.0560; (R1) 1.0589; More… Intraday bias in EUR/USD remains neutral for the moment. Rebound from 1.0330 short term bottom could still extend higher. But outlook will remain bearish as long as 55 D EMA (now at 1.0711) holds. On the downside, break of 1.0471 minor support will turn bias to […]
27/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8518; (P) 0.8550; (R1) 0.8569; More…. Intraday bias in USD/CHF is turned neutral with current recovery, and some consolidations should be seen first. But outlook will stay bearish as long as 0.8665 support turned resistance holds. Below 0.8513 will resume larger down trend to 100% projection of 0.9111 to 0.8665 from 0.8819 […]
05/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.48; (P) 146.97; (R1) 147.70; More… Intraday bias in USD/JPY remains neutral for consolidation above 146.22 temporary top. Further decline is expected as long as 148.50 resistance holds, even in case of stronger recovery. On the downside, firm break of 146.22 will resume the fall from 151.89 to 145.06 key support level. […]