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Daily Pivots: (S1) 0.9382; (P) 0.9402; (R1) 0.9430; More…. Intraday bias in EUR/CHF remains neutral for the moment. Outlook is unchanged that rebound from 0.9218 is either as a corrective move or the third leg of the pattern from 0.9204. On the upside, break of 0.9445 will target 100% projection of 0.9218 to 0.9445 from […]

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USD/JPY Mid-Day Outlook

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04/10/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.60; (P) 193.39; (R1) 194.65; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside, above 195.95 will resume the rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35. On the downside, below 189.54 will bring deeper fall to 183.70 support. In the bigger picture, price […]
03/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8308; (P) 0.8585; (R1) 0.8779; More…. USD/CHF’s recovery from 0.8332 is extending. But still, with 0.8665 support turned resistance, current price actions are seen as corrective, and outlook stays bearish. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture, break of […]
18/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 202.23; (P) 203.96; (R1) 204.91; More… Intraday bias in GBP/JPY is back on the downside as fall from 208.09 resumed. Deeper decline would be seen to 38.2% retracement of 191.34 to 208.09 at 201.69. Strong support is expected there to bring rebound. On the upside, above 205.77 minor resistance will turn intraday […]