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Daily Pivots: (S1) 0.9069; (P) 0.9087; (R1) 0.9114; More… USD/CHF’s recovery from 0.8964 extends today, and break of 0.9107 suggests that pull back from 0.9200 has completed. Intraday bias is back on the upside for 0.9200, and then 0.9223 key resistance. On the downside, break of 0.8964 will resume the fall from 0.9200 to 38.2% […]

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USD/CAD Daily Outlook

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28/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2617; (P) 1.2629; (R1) 1.2653; More… Intraday bias in GBP/USD remains neutral for the moment. Risk stays on the downside as long as 55 4H EMA (now at 1.2667) holds. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. Decisive break there will suggest that rise from 1.2036 […]
20/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.64; (P) 163.32; (R1) 164.61; More… EUR/JPY’s long term up trend resumed by breaking through 164.29 resistance. Intraday bias stays on the upside. Next near term target will be 61.8% projection of 153.15 to 163.70 from 160.20 at 166.71. On the downside, Below 163.81 minor support will turn intraday bias neutral and […]
22/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8867; (P) 0.8884; (R1) 0.8908; More… USD/CHF is staying in range above 0.8819 and intraday bias remains neutral. Further decline is in favor as long as 0.8914 support turned resistance holds. Break of 0.8819 will target 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. However, break of 0.8914 will turn bias […]