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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 […]

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USD/JPY Mid-Day Outlook

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01/10/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8415; (P) 0.8445; (R1) 0.8486; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral and further decline is in favor with 0.8548 resistance intact. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down […]
13/01/2025

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2160; (P) 1.2241; (R1) 1.2291; More… GBP/USD’s decline from 1.3433 continues today and intraday bias stays on the downside. Deeper fall should be seen to 100% projection of 1.3433 to 1.2486 from 1.2810 at 1.1863. On the upside, break of 1.2321 minor resistance will turn intraday bias neutral first. But risk will […]
17/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.42; (P) 168.61; (R1) 169.69; More… Intraday bias in EUR/JPY remains mildly on the downside for the moment. Sustained trading below 55 D EMA (now at 167.43) will extend the fall from 170.87, as the third leg of the pattern from 151.58, to 164.01 support next. For now, risk will stay on […]