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Daily Pivots: (S1) 0.9090; (P) 0.9122; (R1) 0.9158; More… Intraday bias in USD/CHF remains neutral as consolidation continues below 0.9200. As long as 0.9007 support holds, near term outlook remains bullish. On the upside, decisive break of 0.9223 will carry larger bullish implications. However, break of 0.9007 will confirm short term topping, and turn bias […]

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EUR/USD Mid-Day Outlook

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EUR/GBP Daily Outlook

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26/10/2024

GBP/USD Weekly Outlook

GBP/USD’s fall from 1.3433 extended to as low as 1.2906 last week, but formed a temporary low there and recovered. Initial bias remains neutral this week for consolidations. Further decline is expected as long as 1.3070 minor resistance holds. Below 1.2906 will target 61.8% retracement of 1.2298 to 1.3433 at 1.2732. However, considering bearish divergence […]
09/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9016; (P) 0.9041; (R1) 0.9079; More…. No change in USD/CHF’s outlook as consolidation from 0.9094 is extending. Intraday bias stays neutral at this point. Deeper decline cannot be ruled out, but outlook will stay bullish as long as 0.8884 resistance turned support holds. On the upside, break of 0.9094 will resume larger […]
24/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.45; (P) 152.32; (R1) 153.64; More… Intraday bias in USD/JPY stays on the upside at this point. Decisive break of 61.8% retracement of 161.94 to 139.57 at 153.39 will extend the rally from 139.57 to retest 161.94 high. On the downside, below 151.18 minor support will turn intraday bias neutral first. But […]