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Daily Pivots: (S1) 0.8756; (P) 0.8789; (R1) 0.8835; More…. USD/CHF is still extending the consolidation from 0.8884 and intraday bias remains neutral. With 0.8727 resistance turned support intact, further rally is expected. On the upside, break of 0.8885 will resume the rise from 0.8332 and target and 100% projection of 0.8332 to 0.8727 from 0.8550 […]

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USD/CHF Mid-Day Outlook

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USD/JPY Daily Outlook

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03/01/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2567; (P) 1.2663; (R1) 1.2716; More… Intraday bias in GBP/USD stays neutral for the moment, as 1.2611 support remains intact. On break of 1.2826 will resume whole rally from 1.2036. However, break of 1.2611 will indicate short term topping, and turn bias back to the downside for 1.2499 support. In the bigger […]
17/10/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2950; (P) 1.3018; (R1) 1.3060; More… Intraday bias in GBP/USD remains on the downside and outlook is unchanged. Sustained trading below 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) will argue that whole rise from 1.2298 has completed and bring deeper fall to 61.8% retracement at 1.2732. Nevertheless, strong […]
04/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 173.66; (P) 174.09; (R1) 174.87; More… Intraday bias in EUR/JPY stays on the upside for the moment. Decisive break of 100% projection of 164.01 to 170.87 from 167.52 at 174.38 will target 138.2% projection at 177.00. On the downside, below 173.07 minor support will turn intraday bias neutral and bring consolidations first. […]