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Daily Pivots: (S1) 0.8790; (P) 0.8821; (R1) 0.8849; More… USD/CHF is staying in consolidation from 0.8757 and intraday bias remains neutral. Upside of recovery should be limited by 0.8911 support turned resistance to bring another fall. On the downside, below 0.8757 will resume the fall from 0.9200 and target 61.8% retracement of 0.8374 to 0.9200 […]

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04/01/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0888; (P) 1.0927; (R1) 1.0960; More… Intraday bias in EUR/USD stays on the downside at this point. Fall from 1.1138 short term top is in progress for 1.0772 support. Sustained break there will argue that whole rise from 1.0447 has completed, and break deeper fall back to this support. On the upside, […]
28/06/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 202.69; (P) 203.04; (R1) 203.58; More… Intraday bias in GBP/JPY remains on the upside at this point. Current rally should target 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On the downside, below 202.41 minor support will turn intraday bias neutral first. But outlook will remain bullish as long […]
11/01/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8598; (P) 0.8609; (R1) 0.8623; More… Intraday bias in EUR/GBP remains neutral for the moment. Further decline is in favor with 0.8638 minor resistance intact. On the downside, break of 0.8585 will resume the fall from 0.8713 to 0.8548 support first. Break there will target 0.8491 low next. However, break of 0.8638 […]