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Daily Pivots: (S1) 146.92; (P) 147.87; (R1) 148.43; More… Intraday bias in USD/JPY is turned neutral with breach of 147.70 minor resistance. Some consolidations could be seen, but risk will stay on the downside as long as 149.66 resistance holds. Below 146.65 will resume the fall from 151.89 to 100% projection of 151.89 to 147.14 […]

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USD/CHF Mid-Day Outlook

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EUR/GBP Daily Outlook

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03/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9026; (P) 0.9038; (R1) 0.9052; More… Intraday bias in USD/CHF is turned neutral first with current retreat. Further rise is mildly in favor as long as 0.8956 support holds. Above 0.9049 will affirm the case that corrective fall from 0.9223 has completed at 0.8825. Further rally would then be seen to 0.9157 […]
29/04/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8550; (P) 0.8567; (R1) 0.8576; More… Intraday bias in EUR/GBP remains on the downside at this point. Corrective rebound from 0.8497 should have completed at 0.8643, after rejection by trend line resistance. Deeper fall would be seen to retest 0.8491/7 support zone. On the upside, above 0.8582 minor resistance will turn intraday […]
20/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8835; (P) 0.8845; (R1) 0.8856; More…. Intraday bias in USD/CHF remains on the downside for the moment. Fall from 0.9223 should target 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8880 support turned resistance will turn intraday bias neutral first. But risk will stay on the downside […]