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Daily Pivots: (S1) 0.8937; (P) 0.8955; (R1) 0.8975; More… Intraday bias in USD/CHF stays neutral first. Another fall is mildly in favor with 0.9000 resistance intact. Below 0.8914 will bring retest of 0.8825 low. However, break of 0.9000 will turn bias back to the upside for 0.9049 resistance instead. In the bigger picture, with 0.9243 […]

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EUR/JPY Daily Outlook

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15/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 161.04; (P) 161.48; (R1) 161.84; More… Intraday bias in EUR/JPY stays neutral at this point. On the downside, below 160.20 will resume the fall from 163.70 to 38.2% retracement of 153.15 to 163.70 at 159.66. Sustained break there will indicate that fall from 163.70 is reversing whole rise from 153.13, and target […]
09/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9071; (P) 0.9083; (R1) 0.9093; More…. Intraday bias in USD/CHF stays neutral and outlook is unchanged. Further decline is in favor as long as 55 4H EMA (now at 0.9096) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9000) will bring deeper fall to […]
31/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9526; (P) 0.9566; (R1) 0.9587; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. While more consolidations could be seen, further decline is expected as long as 0.9641 support turned resistance holds. Rebound from 0.9476 should have completed as a corrective move at 0.9772. Below 0.9519 will bring retest of […]