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Daily Pivots: (S1) 0.8950; (P) 0.8967; (R1) 0.8990; More… No change in USD/CHF’s outlook and intraday bias stays neutral. Further decline is still expected with 0.8992 resistance intact. Below 0.8912 minor support will bring retest of 0.8825 low. Firm break there will resume the fall from 0.9223 to 61.8% retracement of 0.8332 to 0.9223 at […]

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EUR/USD Daily Outlook

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GBP/JPY Daily Outlook

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11/09/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.1006; (P) 1.1028; (R1) 1.1041; More…. Intraday bias in EUR/USD stays neutral with focus on 38.2% retracement of 1.0665 to 1.1200 at 1.0996. Strong rebound from there will retain near term bullishness. Break of 1.1153 will indicate that larger rally is resuming through 1.1200 resistance to 1.1274 high. However, sustained break of […]
28/08/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.12; (P) 191.02; (R1) 191.79; More… Intraday bias in GBP/JPY remains neutral as consolidation from 191.99 is still extending. On the upside, above 191.99 will target 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 187.84 […]
29/05/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0843; (P) 1.0866; (R1) 1.0879; More…. Intraday bias in EUR/USD stays neutral as sideway trading continues. More consolidations could still be seen. On the upside, break of 1.0894 will resume the rally from 1.0601 to 1.0980 resistance next. However, break of 1.0804 will turn bias back to the downside for 1.0752 resistance […]