Daily Pivots: (S1) 157.93; (P) 158.39; (R1) 158.88; More… Intraday bias in USD/JPY remains neutral for the moment. On the downside, break of 157.16 and sustained trading below 55 D EMA (now at 157.72) will bring deeper correction to 38.2% retracement of 140.25 to 161.94 at 163.65. But strong support should be seen there to […]
Daily Pivots: (S1) 0.9098; (P) 0.9110; (R1) 0.9127; More… Intraday bias in USD/CHF remains neutral as consolidations continue below 0.9200. Outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break of 0.9200/9223 will resume the whole rally from 0.8374 and carry larger bullish implication. However, sustained break of 0.8964 will be a […]
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