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Daily Pivots: (S1) 0.8922; (P) 0.8951; (R1) 0.8967; More… Intraday bias in USD/CHF remains neutral and further fall is 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 resistance […]

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26/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8636; (P) 0.8661; (R1) 0.8695; More…. Intraday bias in USD/CHF is turned neutral with current recovery. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, firm break […]
26/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.54; (P) 191.15; (R1) 191.94; More….. GBP/JPY is extending consolidation below 193.51 and intraday bias remains neutral. Outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend to 61.8% projection of 178.32 to 191.29 from 187.94 at 195.95, which is close […]
02/05/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2481; (P) 1.2516; (R1) 1.2564; More… Range trading continues in GBP/USD and intraday bias remains neutral. On the upside, above 1.2568 will resume the rebound from 1.2298 to 55 D EMA (now at 1.2578). Sustained break there will argue that fall from 1.2892 has completed already, and bring further rise to this […]