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Daily Pivots: (S1) 0.9695; (P) 0.9718; (R1) 0.9733; More…. EUR/CHF dips further today but stays above 0.9639 minor support. Intraday bias remains neutral and further rally is still expected. Above 0.9754 will target 0.9928 high. Nevertheless, break of 0.9639 will resume the rally from 0.9476 and turn bias back to the downside for 0.9476 low […]

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23/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9103; (P) 0.9113; (R1) 0.9131; More…. Intraday bias in USD/CHF remains neutral at this point. Consolidation from 0.9151 could extend, but further is expected as long as 0.8996 support holds. Break of 0.9151 will resume the larger rise from 0.8332 to 0.9243 resistance. However, firm break of 0.8996 will turn bias to […]
17/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8572; (P) 0.8580; (R1) 0.8585; More… Intraday bias in EUR/GBP remains on the downside at this point. Further fall should be seen to 0.8529 support. Decisive break there will argue that larger down trend is ready to resume. For now, risk will stay on the downside as long as 0.8619 resistance holds, […]
21/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 180.70; (P) 182.02; (R1) 182.76; More… GBP/JPY’s fall from 184.15 extends lower today but overall it’s staying in range above 178.32. Intraday bias remains neutral and further decline is expected. On the downside, break of will resume the decline from 188.63 and target 38.2% retracement of 148.93 to 188.63 at 173.46. However, […]