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Daily Pivots: (S1) 0.8805; (P) 0.8823; (R1) 0.8849; More… Intraday bias in USD/CHF remains neutral as consolidations continue above 0.8757. In case of stronger recovery, upside should be limited by 0.8911 support turned resistance. On the downside, break of 0.8757 will resume the fall from 0.9200 to 61.8% retracement of 0.8374 to 0.9200 at 0.8690. […]

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16/04/2025

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8163; (P) 0.8201; (R1) 0.8273; More… No change in USD/CHF’s outlook as consolidations continue above 0.8098. Intraday bias stays neutral for the moment. While stronger recovery might be seen, upside should be limited by 55 4H EMA (now at 0.8357) to bring another fall. On the downside, break of 0.8098 will resume […]
01/04/2025

USD/JPY Daily Outlook

Daily Pivots: (S1) 149.02; (P) 149.65; (R1) 150.59; More… Intraday bias in USD/JPY is turned neutral with current recovery. Outlook is unchanged that corrective rise from 146.52 has completed at 151.20. Risk will stay on the downside as long as 151.29 resistance holds. Below 148.69 will bring retest of 146.52 low first. Firm break there […]
30/07/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0793; (P) 1.0831; (R1) 1.0860; More….. EUR/USD’s fall from 1.0947 is in progress and intraday bias stays on the downside. Sustained break of 55 D EMA (now at 1.0815) will argue that whole rebound from 1.0601 has completed with three waves up to 1.0947. Deeper decline should then be seen to 1.0601/0665 […]