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Daily Pivots: (S1) 155.32; (P) 155.53; (R1) 155.87; More… USD/JPY’s fall continues today and intraday bias remains on the upside. Next target is 100% projection of 140.25 to 150.87 from 146.47 at 157.09. On the downside, below 155.30 minor support will turn intraday bias neutral first. But outlook will stay bullish as long as 153.58 […]

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18/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8857; (P) 0.8883; (R1) 0.8906; More… Intraday bias in USD/CHF remains neutral for consolidations below 0.8916. Outlook will stay bullish as long as 0.8773 resistance turned support holds. On the upside, break of 0.8916 and sustained trading above 61.8% retracement of 0.9223 to 0.8374 at 0.8899 will pave the way back to […]
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AUD/USD Daily Report

Daily Pivots: (S1) 0.6518; (P) 0.6532; (R1) 0.6555; More…. Intraday bias in AUD/USD remains neutral for the moment. Break of 0.6503 support will indicate that larger fall from 0.6870 is ready to resume, and turn bias to the downside for 0.6442 low. For now, risk will stay on the downside as long as 0.6633 resistance […]
05/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8446; (P) 0.8482; (R1) 0.8502; More… USD/CHF is still holding in range above 0.8399 despite today’s decline. Intraday bias stays neutral for the moment. With 0.8540 resistance intact, further decline is expected. On the downside, break of 0.8339 will resume the fall from 0.9223 and target 0.8332 low. However, considering bullish convergence […]