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Daily Pivots: (S1) 1.0425; (P) 1.0456; (R1) 1.0477; More… No change in EUR/USD’s outlook as consolidation from 1.0176 is still extending. Intraday bias stays neutral for the moment. 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 […]

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EUR/CHF Daily Outlook

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07/02/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9015; (P) 0.9038; (R1) 0.9074; More… Intraday bias in USD/CHF remains neutral for the moment as consolidations from 0.9200 continues. Outlook will remain bullish as long as 0.8956/64 support holds. Firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. However, sustained break of 0.8964 will […]
13/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9418; (P) 0.9468; (R1) 0.9508; More…. EUR/CHF’s break of 0.9476 support turned resistance argues that stronger rebound is underway. Intraday bias is on the upside for 55 D EMA (now at 0.9600). On the downside, break of 0.9354 minor support will turn bias back to the downside for retesting 0.9209 low. In […]
19/02/2024

USD/CHF Weekly Outlook

USD/CHF’s rally from 0.8332 continued last week and hit as high as 0.8884. Nevertheless, with subsequent retreat, initial bias remains neutral this week first. On the upside, above 0.8884 will resume the rise and 100% projection of 0.8332 to 0.8727 from 0.8550 at 0.8954. However, sustained break of 0.8727 will dampen this bullish view, and […]