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Daily Pivots: (S1) 0.8417; (P) 0.8432; (R1) 0.8441; More… No change in EUR/GBP’s outlook as consolidation from 0.8399 is still in progress. Intraday bias stays neutral. Further decline is expected with 0.8466 resistance intact. On the downside, below 0.8399 will resume the fall from 0.8624 and target 0.8382 support. Firm break there will resume larger […]

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07/09/2024

USD/JPY Weekly Outlook

USD/JPY’s fall from 149.35 resumed last week by breaking through 143.43 temporary low. Initial bias stays on the downside this week for 141.67 support. Firm break of 141.67 support will resume whole decline from 161.95 high, for 140.25 support next. On the upside, above 144.22 minor resistance will turn intraday bias neutral first. But risk […]
04/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8467; (P) 0.8511; (R1) 0.8535; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.8332 is in progress. Outlook stays bearish with 0.8665 support turned resistance intact. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 projection level. In the bigger picture, break of 0.8551 support […]
06/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9340; (P) 0.9352; (R1) 0.9365; More… Intraday bias in EUR/CHF stays neutral at this point. Fall from 0.9471 might extend lower through 0.9304. But downside should be contained above 0.9252 low to bring rebound. On the upside, firm break of 0.9363 minor resistance will argue that the correction from 0.9471 has completed, […]