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Daily Pivots: (S1) 1.0813; (P) 1.0827; (R1) 1.0854; More…. Despite some loss off upside momentum as seen in 4H MACD, intraday bias in EUR/SD stays on the upside with 1.0783 minor support intact. Rise from 1.0665 would target 1.0915 resistance first. Firm break there will target 100% projection of 1.0601 to 1.0915 from 1.0665 at […]

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EUR/CHF Daily Outlook

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21/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8855; (P) 0.8891; (R1) 0.8949; More…. USD/CHF is staying in consolidation above 0.8825 and intraday bias remains neutral for the moment. Outlook will stay bearish as long as 0.8992 resistance holds. On the downside, break of 0.8825 will resume the fall from 0.9223. Next target is 61.8% retracement of 0.8332 to 0.9223 […]
09/04/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 151.61; (P) 151.77; (R1) 152.02; More… Intraday bias in USD/JPY remains neutral at this point as range trading continues. On the downside, break of 150.80 will turn bias back to the downside for deeper pull back to 55 D EMA (now at 149.73). On the upside, however, sustained break of 151.93 key […]
13/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2512; (P) 1.2564; (R1) 1.2614; More… Intraday bias in GBP/USD remains neutral and further decline is mildly in favor with 1.2614 minor resistance intact. Break of 1.2501 will resume the fall from 1.2731 short term top to to 55 D EMA (now at 1.2452). Sustained break there will bring retest of 1.2036 […]