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Daily Pivots: (S1) 153.18; (P) 154.97; (R1) 156.07; More… Intraday bias in USD/JPY remains neutral and more consolidations would be seen below 156.74. Further rally is expected as long as 151.27 support holds. Above 156.74 will target 61.8% projection of 141.63 to 153.87 from 151.27 at 158.83. In the bigger picture, price actions from 161.94 […]

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USD/CHF Daily Outlook

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28/08/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8388; (P) 0.8437; (R1) 0.8464; More….. USD/CHF’s break of 0.8431 support indicates resumption of whole decline from 0.9223. Intraday bias stays on the downside for 61.8% projection of 0.9049 to 0.8431 from 0.8747 at 0.8365, and then 0.8332 low. On the upside, above 0.8484 minor resistance will turn intraday bias neutral. But […]
07/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0747; (P) 1.0776; (R1) 1.0792; More… Intraday bias in EUR/USD remains mildly on the downside for the moment. Sustained break of 55 D EMA (now at 1.0770) will extend the fall from 1.1016 short term top to retest 1.0447 support. On the upside, above 1.0804 minor resistance will turn intraday bias neutral […]
18/11/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0506; (P) 1.0549; (R1) 1.0583; More… EUR/USD is staying in consolidation above 1.0495 temporary low and intraday bias stays neutral. Outlook will stay bearish as long as 1.0760 support turned resistance holds. On the downside, firm break of 1.0495 will resume the fall from 1.1213 to 1.0447 support and then 1.0404 key […]