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Daily Pivots: (S1) 0.9319; (P) 0.9342; (R1) 0.9359; More… No change in EUR/CHF’s outlook as consolidation from 0.9252 is extending. Intraday bias remains neutral and outlook stays bearish with 0.9402 support turned resistance intact. On the downside, break of 0.9252 will resume larger down trend to 100% projection of 0.9995 to 0.9416 from 0.9683 at […]

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16/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 184.82; (P) 185.29; (R1) 185.98; More… GBP/JPY is staying in tight range despite today’s dip and intraday bias remains neutral. Further rally is in favor as long as 182.73 minor support holds. Corrective pull back from 188.63 should have completed. Above 186.14 will resume the rebound from 178.32 to retest 188.63. In […]
06/12/2023

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.68; (P) 147.03; (R1) 147.51; More… Intraday bias in USD/JPY remains neutral as consolidation from 146.22 is extending. Further decline is expected as long as 148.50 resistance holds, even in case of stronger recovery. On the downside, firm break of 146.22 will resume the fall from 151.89 to 145.06 key support level. […]
05/06/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 167.46; (P) 169.09; (R1) 170.15; More…. EUR/JPY recovers after dipping to 168.01 and intraday bias is turned neutral. Nevertheless, current development suggests that rebound from 164.31 has completed at 170.81. Risk will now stay on the downside as long as 170.87 resistance holds. Below 168.01 will target 167.31 support first. Break there […]