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Daily Pivots: (S1) 0.8523; (P) 0.8631; (R1) 0.8689; More… Intraday bias in USD/CHF remains on the downside at this point. Current fall from 0.9223 should target a retest on 0.8332 low. On the upside, above 0.8594 minor resistance will turn intraday bias neutral and bring consolidations, before staging another fall. In the bigger picture, price […]

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USD/JPY Mid-Day Outlook

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EUR/CHF Daily Outlook

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11/03/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8491; (P) 0.8520; (R1) 0.8536; More… Intraday bias in EUR/GBP remains neutral for the moment. On the downside decisive break of 0.8491/7 support zone will confirm larger down trend resumption and target 0.8464 projection level first. Nevertheless, firm break of 0.8577 will turn bias back to the upside for stronger rebound. In […]
01/06/2024

USD/CHF Weekly Outlook

USD/CHF’s steep decline last week suggests that rebound from 0.8987 has completed at 0.9157. Initial bias stays on the downside this week for 0.8987. Firm break there will resume the fall from 0.9223 to 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921. On the upside, above 0.9065 minor resistance will turn intraday bias […]
19/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 148.93; (P) 149.13; (R1) 149.35; More… Intraday bias in USD/JPY remains on the upside for the moment. Firm break of 150.87/89 resistance will confirm larger up trend resumption. Next near term target will be 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03. On the downside, below 148.90 minor support will […]