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Daily Pivots: (S1) 161.78; (P) 162.07; (R1) 162.41; More… Intraday bias in EUR/JPY remains on the upside at this point. Current rally from 153.15 is in progress for retesting 164.29 high. On the downside, however, below 161.46 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 164.29 medium term […]

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EUR/USD Mid-Day Outlook

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EUR/CHF Daily Outlook

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06/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.18; (P) 188.98; (R1) 189.90; More… GBP/JPY’s break of 188.23 support suggests that rebound from 180.00 has already completed at 193.45, ahead of 55 D EMA. Intraday bias is back on the downside for retesting 180.00. Firm break there will resume whole fall from 208.09. For now, risk will stay on the […]
23/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0628; (P) 1.0650; (R1) 1.0675; More… Range trading continues in EUR/USD and intraday bias remains neutral. Upside of recovery should be limited by 1.0723 support turned resistance. Break of 1.0601 will resume the fall from 1.1138 to 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536 next. In the bigger picture, […]
18/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8790; (P) 0.8871; (R1) 0.8915; More… Intraday bias in USD/CHF stays on the downside as this point. Breach of 0.8825 support indicates that whole fall from 0.9223 is resuming. Deeper decline would be seen to 60% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8914 support turned resistance […]