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Daily Pivots: (S1) 156.71; (P) 157.04; (R1) 157.54; More.. Intraday bias in EUR/JPY stays neutral for the moment and outlook is unchanged. On the upside, above 158.55 will resume the rebound from 153.15 through 55 D EMA (now at 158.68). On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement […]

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14/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9418; (P) 0.9430; (R1) 0.9446; More… EUR/CHF’s rally extends today, and it’s now pressing 0.9471 resistance. Intraday bias stays on the upside. Firm break of 0.9471 will confirm resumption of whole rebound from 0.9252. Next target is 100% projection of 0.9252 to 0.9471 from 0.9304 at 0.9523. On the downside, below 0.9428 […]
05/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9274; (P) 0.9303; (R1) 0.9334; More… EUR/USD is staying in consolidation from 0.9252 and intraday bias remains neutral. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will In the bigger picture, medium term outlook remains […]
09/07/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 160.28; (P) 160.84; (R1) 161.35; More… Intraday bias in USD/JPY stays neutral at this point. Further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 temporary top will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break of 160.25 […]