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Daily Pivots: (S1) 0.8459; (P) 0.8483; (R1) 0.8523; More… Range trading continues in USD/CHF and intraday bias remains neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. Nevertheless, firm break of 0.8548 will argue that it’s correcting whole […]

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19/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9454; (P) 0.9477; (R1) 0.9494; More… EUR/CHF is still extending the consolidation from 0.9402 and intraday bias remains neutral. Deeper decline is expected with 0.9543 resistance intact. On the downside, firm break of 0.9407 will confirm larger down trend resumption. Next target is 61.8% projection of 0.9995 to 0.9416 from 0.9683 at […]
21/03/2024

EUR/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9656; (P) 0.9672; (R1) 0.9703; More.. EUR/CHF surges to as high as 0.9780 today and met 61.8% retracement of 1.0095 to 0.9252 at 0.9773 already. The strong break of 0.9683 resistance carries larger bullish implications. Intraday bias stays on the upside. Sustained trading above 0.9773 will pave the way to 1.0095 key […]
09/10/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0962; (P) 1.0980; (R1) 1.0998; More…. EUR/USD dips mildly today but stays above 1.0950 temporary low. Intraday bias remains neutral at this point. Further decline is expected as long as 1.1043 resistance holds. Below 1.0950 will target 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there will argue that fall […]