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Daily Pivots: (S1) 0.8790; (P) 0.8871; (R1) 0.8915; More… Intraday bias in USD/CHF stays on the downside as this point. Breach of 0.8825 support indicates that whole fall from 0.9223 is resuming. Deeper decline would be seen to 60% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8914 support turned resistance […]

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EUR/CHF Daily Outlook

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EUR/USD Mid-Day Outlook

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13/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 182.14; (P) 182.87; (R1) 183.45; More… Intraday bias in GBP/JPY stays neutral for the moment. On the downside, break of 181.66 minor support will suggest that rebound from 178.58 has completed. Intraday bias will be back to the downside for retesting 178.58 low. Overall outlook will stay bearish as long as 184.44 […]
16/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.09; (P) 145.52; (R1) 146.19; More… USD/JPY is still staying below 146.40 and intraday bias remains neutral. Rebound from 140.25 could extend through 146.40, but upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On the downside, break of 143.41 will turn bias back to the downside for […]
31/08/2024

EUR/GBP Weekly Outlook

EUR/GBP’s fall from 0.8624 extended to as low as 0.8399 last week but recovered since then. Initial bias is turned neutral this week for some consolidations. Risk will stay on the downside as long as 55 4H EMA (now at 0.8457) holds. Below 0.8399 will target 0.8382 support. Firm break there will resume larger down […]