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Daily Pivots: (S1) 1.1299; (P) 1.1353; (R1) 1.1382; More… Intraday bias in EUR/USD remains neutral and further rise is still in favor as long as 1.1255 support holds. Above 1.1417 will bring retest of 1.1572 high first. Decisive break there will resume larger up trend to 61.8% projection of 1.0176 to 1.1572 from 1.1064 at […]

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29/04/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9340; (P) 0.9389; (R1) 0.9415; More…. Intraday bias in EUR/CHF remains neutral for the moment. Rebound from 0.9218 is either a corrective move, or the third leg of the pattern from 0.9204. Break of 0.9445 will resume the rebound towards 0.9660 resistance. However, on the downside, break of 0.9336 will bring retest […]
08/03/2025

EUR/GBP Weekly Outlook

EUR/GBP’s strong rally last week suggest that fall from 0.8472 has completed as a corrective three-wave move down to 0.8239. However, the cross lost momentum after final push to 0.8416. Initial bias is neutral this week for consolidations. Downside should be contained above 55 4H EMA (now at 0.8323) to bring another rise. Break of […]
08/12/2024

USD/CHF Weekly Outlook

USD/CHF’s pullback from 0.8956 extended lower last week but recovered after touching 55 D EMA (now at 0.8738). Initial bias is turned neutral this week first. Strong rebound from current level will retain near term bullishness. Break of 0.8796 minor resistance will bring retest of 0.8956 high first. However, considering head and shoulder top pattern, […]