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Daily Pivots: (S1) 0.8563; (P) 0.8583; (R1) 0.8597; More… Intraday bias in EUR/GBP remains on the upside at this point. Rebound from 0.8497 is seen as at least correcting the fall from 0.8764. Further rally would be seen to 161.8% projection of 0.8497 to 0.8577 from 0.8503 at 0.8632. For now, further rise will remain […]

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EUR/JPY Daily Outlook

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USD/CHF Mid-Day Outlook

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02/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9373; (P) 0.9396; (R1) 0.9413; More…. Intraday bias in EUR/CHF remains neutral for consolidations above 0.9351 temporary low. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of […]
30/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 157.16; (P) 157.44; (R1) 157.94; More… Immediate focus is now on 156.57 minor support in USD/JPY. Decisive break there will confirm short term topping at 157.70, on bearish divergence condition in 4 H MACD. Intraday bias will be back on the downside for 153.59 support. Firm break there will target 151.86 and […]
13/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 141.35; (P) 142.20; (R1) 142.66; More… USD/JPY’s decline resumed by breaking through 140.70 and intraday bias is back on the downside. Further fall should be seen to 139.26 fibonacci level. Decisive break there would carry larger bearish implications. On the upside, above 143.03 minor resistance will turn intraday bias neutral again first. […]