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Daily Pivots: (S1) 0.8322; (P) 0.8341; (R1) 0.8371; More… Intraday bias in EUR/GBP stays neutral for the moment and outlook remains bearish 0.8446 resistance holds. On the downside, below 0.8306 minor support will turn bias back to the downside for 0.8259 first, and then 0.8201 key support. Nevertheless, firm break of 0.8446 will confirm short […]

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EUR/USD Daily Outlook

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12/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8955; (P) 0.8974; (R1) 0.8996; More…. USD/CHF failed to break through 0.8987 support turned resistance decisively despite breaching it. Intraday bias stays neutral first. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, after drawing support from 0.8883 fibonacci level. Intraday bias will […]
28/10/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.68; (P) 152.03; (R1) 152.62; More… Intraday bias in USD/JPY stays on the upside with 151.44 minor support intact. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral again first. […]
24/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8917; (P) 0.8931; (R1) 0.8958; More…. USD/CHF is extending the consolidation above 0.8825 and intraday bias remains neutral first. Still, near term outlook remains bearish with 0.8992 resistance intact. Break of 0.8825 will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at 0.8672. In the bigger picture, price […]