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Daily Pivots: (S1) 0.9006; (P) 0.9024; (R1) 0.9051; More… No change in USD/CHF’s outlook as consolidation from 0.9200 is still extending. While deeper pull back might be seen, outlook will stay mildly bullish as long as 38.2% retracement of 0.8374 to 0.9200 at 0.8884 holds. On the upside, firm break of 0.9223 key resistance will […]

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EUR/CHF Daily Outlook

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03/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8459; (P) 0.8478; (R1) 0.8489; More… Intraday bias in EUR/GBP is turned neutral again with current retreat. On the upside, sustained trading above 55 D EMA (now at 0.8501) will extend the rise from 0.8396 short term bottom to 0.8529 support turned resistance. Nevertheless, On the downside, break of 0.8493 support will […]
08/04/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9744; (P) 0.9777; (R1) 0.9808; More… Intraday bias in EUR/CHF stays neutral for the moment and more consolidations could be seen below 0.9847. But near term outlook will stay bullish as long as 0.9709 support holds. However, considering bearish divergence condition in 4H MACD, break of 0.9709 will confirm short term topping, […]
06/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6531; (P) 1.6566; (R1) 1.6607; More… Range trading continues in EUR/AUD and intraday bias remains neutral. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be seen to 1.6844 resistance for confirmation. Nevertheless, […]