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Daily Pivots: (S1) 0.8952; (P) 0.8969; (R1) 0.8982; More…. USD/CHF is still bounded in range of 0.8880/8987 and intraday bias remains neutral. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, after drawing support from 0.8883 fibonacci level. Intraday bias will be back on the upside […]

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USD/CHF Daily Outlook

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25/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 158.95; (P) 159.43; (R1) 160.11; More… Intraday bias in USD/JPY remains neutral for the moment. Further rise will remain in favor as long as 157.70 resistance turned support holds. Sustained break of 106.20 and 100% projection of 151.86 to 157.70 from 154.53 at 160.37 will confirm long term up trend resumption, and […]
22/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9092; (P) 0.9104; (R1) 0.9122; More…. Intraday bias in USD/CHF stays mildly on the upside for the moment. Corrective fall from 0.9223 might have completed with three waves down to 0.8987 already. Further rally should be seen back to retest 0.9223. On the downside, below 0.9063 minor support is turned neutral first. […]
07/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.21; (P) 144.79; (R1) 145.95; More… While USD/JPY’s recovery extends higher today, upside is still limited below 150.88 resistance. Intraday bias remains neutral and further decline remains in favor. On the downside, below 144.04 minor support will bring retest of 141.67 first. Break there will resume the fall from 161.94 to 140.25 […]