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Daily Pivots: (S1) 0.8367; (P) 0.8421; (R1) 0.8512; More…. USD/CHF’s rebound from 0.8038 is still seen as a corrective move. Strong resistance is expected from 38.2% retracement of 0.9200 to 0.8038 at 0.8482 to limit upside. Break of 0.8330 resistance turned support will turn intraday bias will turn bias back to the downside. Further break […]

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EUR/GBP Daily Outlook

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25/04/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.01; (P) 162.27; (R1) 162.71; More… Range trading continues in EUR/JPY and outlook is unchanged. Intraday bias remains neutral. On the upside, above 164.16 will resume the rally from 154.77 to 164.89 resistance, and then 166.67. However, decisive break of 158.27 support will bring deeper decline back to 154.77 support. Overall, sideway […]
25/11/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0335; (P) 1.0416; (R1) 1.0500; More… EUR/USD’s recovery from 1.0330 extends higher today but stays below 1.0609 resistance. Intraday bias remains neutral and further decline is still in favor. On the downside, sustained trading below 1.0404 key fibonacci level will carry larger bearish implication and target next level at 161.8% projection of […]
26/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3116; (P) 1.3174; (R1) 1.3276; More… Intraday bias in GBP/USD remains on the upside for the moment. Current up trend is in progress for 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. On the downside, below 1.3075 minor support will turn intraday bias neutral and bring consolidations, before staging another […]