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Daily Pivots: (S1) 0.8639; (P) 0.8654; (R1) 0.8663; More… Intraday bias in USD/CHF remains neutral for the moment, and some more consolidations could be seen below 0.8668 temporary top. Further rally is expected as long as 0.8548 resistance turned support holds. Above 0.8668 will target 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break […]

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EUR/CHF Daily Outlook

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EUR/USD Mid-Day Outlook

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02/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 190.85; (P) 191.45; (R1) 192.40; More… Breach of 191.99 resistance suggests that GBP/JPY’s rebound from 180.00 is resuming. Intraday bias is mildly on the upside for 61.8% retracement of 208.09 to 180.00 at 197.35, as the second leg of the corrective pattern from 208.09. On the downside, however, firm break of 188.23 […]
19/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0900; (P) 1.0916; (R1) 1.0939; More… EUR/USD is staying below 1.1008/16 resistance zone despite today’s rebound. Intraday bias remains neutral for the moment. Further rally is expected as long as 1.0722 support holds. On the upside, break of 1.1016 will resume the whole rise from 1.0447 to retest 1.1274 high. In the […]
04/06/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8504; (P) 0.8520; (R1) 0.8530; More…. Intraday bias in EUR/GBP stays neutral and outlook is unchanged. Further decline is expected as long as 55 D EMA (now at 0.8550) holds. Decisive break of 0.8491/7 will resume larger down trend to 0.8376 projection level next. However, sustained break of 55 D EMA will […]