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Daily Pivots: (S1) 1.2629; (P) 1.2658; (R1) 1.2707; More… Intraday bias in GBP/USD is turned neutral as consolidation from 1.2596 extends. Outlook will stay bearish as long as 12.842 support turned resistance holds. Break of 1.2596 will resume the fall from 1.3433 to 100% projection of 1.3433 to 1.2842 to 1.3047 at 1.2456. In the […]

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04/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8811; (P) 0.8852; (R1) 0.8874; More…. Intraday bias in USD/CHF remains neutral for consolidations below 0.8891 temporary top. Further rally is in favor as long as 0.8741 support holds. Break of 0.8891 will resume the whole rebound from 0.8332 towards 0.9243 key resistance. Nevertheless, break of 0.8741 support will turn bias back […]
22/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.57; (P) 142.60; (R1) 143.14; More… USD/JPY is still bounded in consolidation from 140.94 and intraday bias stays neutral. Also, outlook will remain bearish as long as 146.58 resistance holds. Firm break of 140.94 will resume the whole fall from 151.89. Next target will be next fibonacci level at 136.63. In the […]
13/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8720; (P) 0.8757; (R1) 0.8789; More…. Intraday bias in USD/CHF remains neutral for the moment. Further rise remains in favor with 0.8722 minor support intact. Above 0.8819 will resume the rebound from 0.8665 short term bottom to 0.8886 support turned resistance first. However, firm break of 0.8722 will retain near term bearishness, […]