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Daily Pivots: (S1) 0.8770; (P) 0.8796; (R1) 0.8834; More… Intraday bias in USD/CHF is turned neutral with current recovery, and some consolidations would be seen above 0.8757 temporary low. Upside should be limited by 0.8911 support turned resistance to bring another fall. On the downside, below 0.8757 will target 61.8% retracement of 0.8374 to 0.9200 […]

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EUR/JPY Mid-Day Outlook

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18/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.54; (P) 149.93; (R1) 150.62; More… Intraday bias in USD/JPY remains on the upside for the moment. Rise from 139.57 is in progress for 61.8% retracement of 161.94 to 139.57 at 153.39 next. On the downside, below 148.84 minor support will turn intraday bias neutral first. But further rally will remain in […]
24/06/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0669; (P) 1.0695; (R1) 1.0719; More…. Intraday bias in EUR/USD remains neutral first and consolidation from 1.0667 could extend. But further fall is expected with 1.0760 resistance intact. Decline from 1.0915 is seen as another leg in the larger corrective pattern. Break of 1.0667 will target 1.0601 and below. In the bigger […]
26/11/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9281; (P) 0.9313; (R1) 0.9334; More…. With break of 0.9294 minor support, rebound from 0.9204 could have completed after rejection by 55 4H EMA. Intraday bias is back on the downside for retesting 0.9204/9 support zone. Decisive break there will indicate larger down trend resumption. For now, outlook will stay bearish as […]