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Daily Pivots: (S1) 0.8787; (P) 0.8812; (R1) 0.8850; More… USD/CHF is extending consolidations above 0.8757 and intraday bias remains neutral. Upside of recovery should be limited by 0.8911 support turned resistance to bring another fall. On the downside, below 0.8757 will resume the fall from 0.9200 and target 61.8% retracement of 0.8374 to 0.9200 at […]

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USD/JPY Mid-Day Outlook

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18/02/2025

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8981; (P) 0.9000; (R1) 0.9026; More… USD/CHF is still extending the consolidation pattern from 0.9200 and intraday bias remains neutral. While deeper pull back might be seen, outlook will stay mildly bullish as long as 38.2% retracement of 0.8374 to 0.9200 at 0.8884 holds. On the upside, firm break of 0.9223 key […]
17/12/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8913; (P) 0.8931; (R1) 0.8964; More… Intraday bias in USD/CHF remains on the upside at this point. Current rise from 0.8374 is in progress for 61.8% projection of 0.8374 to 0.8956 from 0.8735 at 0.9095. On the downside, below 0.8897 minor support will turn intraday bias neutral first. But near term outlook […]
31/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.86; (P) 153.54; (R1) 154.43; More… USD/JPY’s fall from 161.94 accelerates lower again to as low as 149.77 so far. Intraday bias stays on the downside for 148.66 fibonacci level, which is close to medium term channel support (now at 148.22). Strong support could be seen there to bring rebound. But break […]