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Daily Pivots: (S1) 144.88; (P) 145.32; (R1) 145.91; More… USD/JPY accelerates higher today and intraday bias stays on the upside for 148.64 resistance. Firm break there will suggest that rise from 139.87 is reversing the fall from 158.86. Next target is 100% projection of 139.87 to 148.64 from 142.79 at 151.56. On the downside, below […]

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USD/CHF Daily Outlook

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21/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8846; (P) 0.8882; (R1) 0.8905; More…. Intraday bias in USD/CHF is turned neutral first with current retreat. Some consolidations would be seen, but further rally is expected as long as 0.8728 support holds. On the upside, above 0.8917 will target 61.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8934. Firm break […]
20/11/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 153.70; (P) 154.25; (R1) 155.21; More… Intraday bias in USD/JPY remains mildly on the upside for retesting 156.74. Firm break there will resume the whole rally from 139.57 towards 161.94 high. On the downside, though, break of 153.27 will resume the correction towards 38.2% retracement of 139.57 to 156.74 at 150.18. In […]
08/03/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0894; (P) 1.0922; (R1) 1.0975; More… EUR/USD’s rally continues in early US session and intraday bias stays on the upside. Current rise from 1.0694 should target a retest on 1.1138 resistance next. On the downside, below 1.0867 minor support will turn intraday bias neutral and bring consolidations first. In the bigger picture, […]