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Daily Pivots: (S1) 0.9420; (P) 0.9447; (R1) 0.9468; More…. Intraday bias in EUR/CHF stays neutral with mixed near term outlook. On the downside, break of 0.9359 support will revive the case that choppy rise from 0.9204 is merely a correction and has completed. Deeper fall should then be seen back to retest 0.9204 low. However, […]

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USD/JPY Mid-Day Outlook

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16/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0942; (P) 1.0980; (R1) 1.1010; More….. EUR/USD is staying in consolidation below 1.1046 and intraday bias remains neutral. Another rally is in favor as long as 1.0880 support holds. Firm break of 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1058 could prompt upside acceleration through 1.1138 resistance to 161.8% projection […]
03/03/2025

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.49; (P) 150.24; (R1) 151.38; More… Break of 150.92 support turned resistance suggests short term bottoming at 148.55, on bullish convergence condition in 4H MACD. Intraday bias is back on the upside for stronger rebound to near term falling channel resistance (now at 152.61). On the downside, break of 148.55 will resume […]
11/09/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.3051; (P) 1.3079; (R1) 1.3109; More… Intraday bias in GBP/USD remains neutral as range trading continues below 1.3265. Further rise is expected with 1.3043 resistance turned support intact. On the upside, firm break of 1.3265 will resume larger up trend to 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. However, […]