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Daily Pivots: (S1) 200.96; (P) 201.56; (R1) 202.63; More… Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 191.34 to 200.72 from 197.18 at 202.97. Firm break there will pave the way to 100% projection at 206.56 next. on the downside, below 200.46 minor support […]

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EUR/USD Mid-Day Outlook

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25/04/2024

EUR/USD Daily Outlook

.Daily Pivots: (S1) 1.0680; (P) 1.0697; (R1) 1.0716; More… Immediate focus is now on 1.0723 support turned resistance. Rejection from there, followed by break of 1.0677 minor support, will retain near term bearishness. Retest of 1.0601 low would be seen next. Nevertheless, firm break of 1.0723 will bring stronger rebound to 55 D EMA (now […]
16/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8441; (P) 0.8494; (R1) 0.8544; More… Intraday bias in USD/CHF remains neutral at this point and further decline is expected with 0.8548 resistance intact. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering bullish […]
11/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8952; (P) 0.8969; (R1) 0.8982; More…. Intraday bias in USD/CHF remains neutral for the moment. 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 for 0.9157/9223 resistance zone. […]