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Daily Pivots: (S1) 0.9279; (P) 0.9295; (R1) 0.9325; More…. Intraday bias in EUR/CHF stays neutral at this point. On the upside, decisive break of 0.9311 support turned resistance and 55 D EMA (now at 0.9307) will suggest that whole fall from 0.9660 has completed as a corrective move. Further rise should then be seen to […]

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06/04/2024

GBP/JPY Weekly Outlook

GBP/JPY rebounded after initial dip to 190.02 but failed to break through 193.51 resistance. Initial bias remains neutral this week for more consolidations. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, break of 190.02 will turn bias to the downside for 187.94 support […]
19/03/2025

GBP/JPY Daily Outlook

Daily Pivots: (S1) 193.52; (P) 194.22; (R1) 194.80; More… Intraday bias in GBP/JPY remains on the upside for the moment. Sustained break of 194.73 will extend the rise from 187.04 to 198.94/199.79 resistance zone. On the downside, below 193.09 support will turn intraday bias neutral again first. Overall, corrective pattern from 208.09 is still in […]
07/11/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3850; (P) 1.3905; (R1) 1.3992; More… USD/CAD is still bounded in range below 1.3958 and intraday bias stays neutral. On the downside break of 1.3822 will bring deeper pullback. But downside should be contained by 55 D EMA (now at 1.3736). On the upside, decisive break of 1.3976 will resume larger up […]