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EUR/CHF reversed after edging higher to 0.9506 but stays above 0.9305 support. Initial bias remains neutral this week first. On the upside, above 0.9506 will resume the rebound from 0.9305 to 0.9579 resistance. However, break of 0.9305 will resume the fall for 0.9579 to retest 0.9209 low. In the bigger picture, medium term corrective pattern […]

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21/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8846; (P) 0.8882; (R1) 0.8905; More…. Intraday bias in USD/CHF is turned neutral first with current retreat. Some consolidations would be seen, but further rally is expected as long as 0.8728 support holds. On the upside, above 0.8917 will target 61.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8934. Firm break […]
05/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0791; (P) 1.0804; (R1) 1.0825; More…. EUR/USD’s rebound from 1.0665 is still in progress and intraday bias stays on the upside. Further rally would be seen to 1.0915 resistance next. On the downside, below 1.0775 minor support will turn intraday bias neutral first. In the bigger picture, price actions from 1.1274 are […]
30/10/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.80; (P) 153.33; (R1) 153.92; More… No change in USD/JPY’s outlook and intraday bias stays on the upside. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave the way to retest 161.94 high. On the downside, below 151.44 minor support will turn intraday bias neutral again first. In […]