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Daily Pivots: (S1) 1.3280; (P) 1.3319; (R1) 1.3351; More… Range trading continues in GBP/USD and intraday bias stays neutral at this point. On the downside, break of 1.3247 will target 1.3140 cluster (38.2% retracement of 1.2099 to 1.3787 at 1.3142). Strong support is expected there to contain downside to complete the corrective pattern from 1.3787. […]

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USD/CHF Daily Outlook

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03/12/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8814; (P) 0.8852; (R1) 0.8903; More… USD/CHF dips notably today but stays in established range below 0.8956. Intraday bias remains neutral at this point. With 0.8800 support intact, further rally is still in favor. On the upside, break of 0.8956 will resume the rally from 0.8374, and target 0.9223 key resistance next. […]
24/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.71; (P) 148.03; (R1) 148.44; More… No change in USD/JPY’s outlook as consolidation from 148.79 is still extending. Deeper retreat cannot be ruled out, but further rally is expected as long as 145.97 resistance turned support holds. Corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 will resume […]
10/04/2025

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2757; (P) 1.2811; (R1) 1.2878; More… Intraday bias in GBP/USD stays neutral for the moment. Risk will stay on the downside with 1.2933 minor resistance intact. Break of 1.2706 will resume the decline from 1.3206 to 61.8% retracement of 1.2099 to 1.3206 at 1.2522. Nevertheless, firm break of 1.2933 will bring stronger […]