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Daily Pivots: (S1) 153.64; (P) 154.03; (R1) 154.39; More… No change in USD/JPY’s outlook and intraday bias stays on the upside for upside for 100% projection of 146.58 to 153.26 from 149.37 at 156.05. Firm break there will extend the rally from 139.87 to 158.86 resistance next. On the downside, below 153.24 resistance turned support […]

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02/12/2023

USD/CHF Weekly Outlook

USD/CHF’s fall from 0.9243 continued to as low as 0.8675 last week, and there is no clear sign of bottoming yet. Initial bias remains on the downside this week for 161.8% projection of 0.9243 to 0.8886 from 0.9111 at 0.8533, which is close to 0.8551 low. Considering bullish convergence condition in 4H MACD, strong support […]
14/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8585; (P) 0.8597; (R1) 0.8603; More… Intraday bias in EUR/GBP remains neutral at this point. On the downside, below 0.8585 minor support will argue that rebound from 0.8529 has completed, and larger fall might be ready to resume. Intraday bias will be back on the downside for 0.8529 support first. In the […]
20/10/2025

EUR/JPY Daily Outlook

Daily Pivots: (S1) 174.91; (P) 175.44; (R1) 176.06; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside, break of 176.44 resistance will suggest that pullback from 177.91 has completed, and bring retest of this high. Further break of 177.91 will resume larger up trend to 61.8% projection of 161.06 to 173.87 […]