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Daily Pivots: (S1) 0.8092; (P) 0.8163; (R1) 0.8206; More… Intraday bias in USD/CHF stays neutral for consolidations above 0.8098. While stronger recovery might be seen, upside should be limited by 55 4H EMA (now at 0.8313) to bring another fall. On the downside, break of 0.8098 will resume recent down trend to 200% projection of […]

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EUR/USD Mid-Day Outlook

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19/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9466; (P) 0.9512; (R1) 0.9541; More…. Intraday bias in EUR/CHF remains on the downside at this point Sustained trading below below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the chance of long term down trend resumption, and target 0.9252 low next. On the upside, above 0.9566 minor resistance will […]
04/02/2024

USD/JPY Weekly Outlook

USD/JPY dipped to 145.88 last week as consolidation from 148.79 extended, but rebounded strongly since then. Initial focus now on 148.79 this week. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For now, further rise will remain in favor as long as 145.88 holds, in case of retreat. In […]
16/05/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… EUR/USD’s rally from 1.0601 continues today and intraday bias stays on the upside. Next target is 1.0980 resistance. Decisive break there will confirm that whole fall from 1.1138 has completed already. On the downside, below 1.0833 minor support will turn intraday bias neutral first. But further […]