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Daily Pivots: (S1) 0.9483; (P) 0.9499; (R1) 0.9520; More…. Intraday bias in EUR/CHF stays on the downside as fall from 0.9928 is in progress. Sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the chance of long term down trend resumption, and target 0.9252 low next. On the upside, above 0.9566 […]

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USD/CHF Daily Outlook

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16/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3704; (P) 1.3722; (R1) 1.3747; More… Intraday bias in USD/CAD is turned neutral first with current recovery. Further decline is mildly in favor as long as 1.3764 minor resistance holds. Below 1.3688 will resume the fall from 1.3946 to 1.3588 key support. Nevertheless, break of 1.3764 will turn bias back to the […]
28/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 143.52; (P) 144.35; (R1) 144.78; More… Despite weak downside momentum as seen in 4H MACD, further decline is still expected in USD/JPY with 146.47 resistance intact. Fall from 149.35 should target 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 […]
06/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.29; (P) 190.69; (R1) 191.06; More….. Intraday bias in GBP/JPY remains neutral and range trading continues. Corrective pattern from 191.29 could still extend. Break of 188.02 minor support will bring deeper fall to 38.2% retracement of 178.32 to 191.29 at 186.33, as a correction to rise from 178.32. Nevertheless, on the upside, […]