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Daily Pivots: (S1) 1.2857; (P) 1.2891; (R1) 1.2915; More… GBP/USD is losing momentum ahead of 61.8% retracement of 1.3433 to 1.2099 at 1.2923 and intraday bias is turned neutral first. Downside of retreat should be contained by 1.2715 resistance turned support to bring another rally. Sustained break of 1.2923 will pave the way back to […]

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USD/JPY Daily Outlook

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08/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9378; (P) 0.9409; (R1) 0.9437; More…. EUR/CHF retreated ahead of 0.9440 resistance and outlook is unchanged. Corrective rebound from 0.9204 could still extend higher through 0.9440. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and bring […]
06/02/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 185.83; (P) 186.74; (R1) 187.31; More… Range trading continues in GBP/JPY and intraday bias remains neutral for the moment. On the upside, firm break of 187.60 will turn bias to the upside for 188.90. Break there will confirm resumption of larger up trend. Meanwhile, below 185.21 will turn bias to the downside […]
21/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8817; (P) 0.8839; (R1) 0.8865; More… Intraday bias in USD/CHF remains neutral as consolidation from 0.8916 is extending. Further rally is expected as long as 0.8773 resistance turned support holds. On the upside, break of 0.8916 and sustained trading above 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way […]