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Daily Pivots: (S1) 0.7957; (P) 0.7990; (R1) 0.8014; More…. No change in USD/CHF’s outlook and intraday bias stays neutral. On the downside, break of 0.7946 support will argue that correction from 0.7871 has completed at 0.8063 after rejection by 0.8054 support turned resistance. Intraday bias will be back on the downside for retesting 0.7871. Nevertheless, […]

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02/10/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8313; (P) 0.8329; (R1) 0.8347; More… Intraday bias in EUR/GBP stays on the downside for the moment. Fall from 0.8624 would target 100% projection of 0.8624 to 0.8399 from 0.8463 at 0.8237 next. On the upside, though, above 0.8370 minor resistance will turn bias back to the upside for stronger recovery. In […]
16/04/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9247; (P) 0.9272; (R1) 0.9314; More…. Intraday bias in EUR/CHF remains neutral and more consolidations could be seen above 0.9218. But outlook will remain bearish as long as 0.9408 resistance holds. On the downside, firm break of 0.9204 low will confirm larger down trend resumption. In the bigger picture, rejection by long-term […]
18/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 179.50; (P) 180.62; (R1) 181.41; More… Intraday bias in GBP/JPY remains neutral and some more consolidations could be seen above 178.32. But near term outlook stays bearish as long as 184.30 resistance holds. Decisive break of 178.02/32 support zone will resume whole fall from 188.63 to 38.2% retracement of 148.93 to 188.63 […]