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Daily Pivots: (S1) 1.3320; (P) 1.3386; (R1) 1.3422; More… Intraday bias in GBP/USD remains on the downside for the moment. Fall from 1.3787 is seen as correcting whole rise from 1.2099. Deeper fall would be seen to 100% projection of 1.3787 to 1.3363 from 1.3587 at 1.3163. On the upside, above 1.3415 minor resistance will […]

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EUR/CHF Daily Outlook

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28/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9517; (P) 0.9538; (R1) 0.9548; More… Intraday bias in EUR/CHF is turned neutral again with current retreat. Considering loss of momentum as seen in 4H MACD, in case of another rise, upside should be limited by 0.9574 fibonacci resistance. On the downside, break of 0.9466 support will argue that rebound from 0.9252 […]
10/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.35; (P) 158.04; (R1) 158.66; More…. Intraday bias in EUR/JPY stays on the downside for the moment. Fall from 163.86 is in progress for retesting 154.40 low. Firm break there will resume whole decline from 175.41 to 153.15 support. On the upside, above 160.01 support turned resistance will turn intraday bias neutral […]
19/11/2024

EUR/JPY Mid-Day Outlook

Daily Pivots: (S1) 162.81; (P) 163.40; (R1) 164.52; More…. EUR/JPY’s fall from 166.67 resumed after brief consolidations, and intraday bias is back on the downside. As noted before, corrective rebound from 154.40 could have completed with three waves up to 166.77 already, ahead of 61.8% retracement of 175.41 to 154.40 at 167.38. Deeper decline would […]