Daily Pivots: (S1) 147.71; (P) 148.04; (R1) 148.63; More… Intraday bias in USD/JPY remains on the upside for the moment. Corrective fall from 150.87 could have completed at 146.47 already, after drawing support from 38.2% retracement of 140.25 to 150.87 at 146.81. Further rise should be seen to retest 150.87 next. Nevertheless, on the downside, […]
May 07, 2024
EUR/CHF Daily Outlook
Daily Pivots: (S1) 0.9740; (P) 0.9753; (R1) 0.9773; More… Intraday bias in EUR/CHF is turned neutral with current recovery. Outlook is unchanged that fall from 0.9835 is seen as the third leg of the corrective pattern from 0.9847. Risk will stay on the downside as 0.9835 resistance holds. Below 0.9278 will turn bias back to […]
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