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Daily Pivots: (S1) 185.94; (P) 187.77; (R1) 189.19; More… Intraday bias in GBP/JPY remains neutral for the moment. Risk will stay mildly on the downside as long as 55 4H EMA (now at 189.56) holds. Break of 184.35 will resume the whole fall from 199.79. Nevertheless, sustained trading above 55 4H EMA will bring stronger […]

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EUR/CHF Daily Outlook

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02/04/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0716; (P) 1.0758; (R1) 1.0784; More… EUR/USD’s decline is still in progress and intraday bias stays on the downside for 1.0694 support. Decisive break there will resume the whole decline from 1.1138 and target 100% projection of 1.1138 to 1.0694 from 1.0980 at 1.0536. On the upside, above 1.0767 minor resistance will […]
19/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8600; (P) 0.8624; (R1) 0.8660; More…. Intraday bias in EUR/GBP stays neutral as consolidation from 0.8548 is still extending. Further decline is expected as long as 0.8648 support turned resistance holds. On the downside, break of 0.8548 will resume the decline from 0.8764 to retest 0.8419 low next. However, sustained break of […]
07/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9043; (P) 0.9056; (R1) 0.9076; More…. Intraday bias in USD/CHF is turned neutral with current recovery and some consolidations could be seen. But risk will remain on the downside as long as 0.9223 resistance holds. Sustained break of 55 D EMA (now at 0.8996) will bring deeper fall to 38.2% retracement of […]