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Daily Pivots: (S1) 1.1360; (P) 1.1389; (R1) 1.1417; More… For now, further rise is expected in EUR/USD with 1.1255 support intact. Correction from 1.1572 should have completed at 1.1064. Rebound from there should target 1.1572 first. Decisive break there will resume larger up trend to 61.8% projection of 1.0176 to 1.1572 from 1.1064 at 1.1927. […]

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24/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8659; (P) 0.8694; (R1) 0.8737; More…. Intraday bias in USD/CHF is mildly on the upside at this point. Sustained trading above 38.2% retracement of 0.9243 to 0.8332 at 0.8680 and 55 D EMA (now at 0.8686) will turn near term outlook bullish for 61.8% retracement 0.8995. Nevertheless, break of 0.8632 minor support […]
10/04/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.08; (P) 146.68; (R1) 149.36; More… Intraday bias in USD/JPY is turned neutral again with current rebound. On the upside, firm break of 148.13 will confirm short term bottoming, and turn bias back to the upside for 151.20 resistance. Nevertheless, rejection by 148.13, followed by break of 143.98 will resume larger fall […]
17/12/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0483; (P) 1.0504; (R1) 1.0533; More… Intraday bias in EUR/USD stays neutral and outlook is unchanged. Corrective pattern from 1.0330 might extend further. But outlook will stay bearish as long as 55 D EMA (now at 1.0674) holds. On the downside, below 1.0452 will bring retest of 1.0330 low. In the bigger […]