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Daily Pivots: (S1) 148.71; (P) 149.19; (R1) 149.79; More… USD/JPY rises slightly today but overall outlook is unchanged. Intraday bias stays neutral first. Recovery from 146.52 is seen as a corrective move. In case of stronger rise, upside should be limited by 150.92 support turned resistance. On the downside, break of 148.17 support will bring […]

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GBP/USD Daily Outlook

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GBP/JPY Daily Outlook

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01/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9128; (P) 0.9162; (R1) 0.9231; More…. Intraday bias in USD/CHF remains on the upside for 0.9243 resistance. Decisive break there will carry larger bullish implications. Next target will be 61.8% projection of 0.8728 to 0.9151 from 0.9009 at 0.9270. For now, near term outlook will stay bullish as long as 0.9087 support […]
09/01/2025

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0276; (P) 1.0317; (R1) 1.0361; More… Sideway trading continues in EUR/USD and intraday bias remains neutral. Outlook also stays bearish with 1.0457 resistance intact. Firm break of 1.0223 will resume the fall from 1.1213. However, sustained break of 1.0457 will confirm short term bottoming, and turn bias to the upside for 55 […]
15/02/2025

GBP/USD Weekly Outlook

GBP/USD’s rebound from 1.2099 resumed last week but failed to sustain above 38.2% retracement of 1.3433 to 1.2099 at 1.2609. Immediate focus stays on 1.2609 this week. Firm break there will raise the chance of near term reversal, and target 61.8% retracement at 1.2923. Nevertheless, on the downside, break of 1.2331 support will suggest that […]