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Daily Pivots: (S1) 151.59; (P) 151.76; (R1) 151.96; More… USD/JPY’s surges to as high as 151.51 so far, and the break of 151.93 key resistance indicates long term up trend resumption. Intraday bias is back on the upside. Next target is 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03. On the downside, below […]

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USD/CHF Mid-Day Outlook

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GBP/JPY Daily Outlook

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05/02/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9320; (P) 0.9341; (R1) 0.9372; More… Intraday bias in EUR/CHF remains neutral for the moment. Fall from 0.9471 could still extend lower, but downside should be contained above 0.9252 low to bring rebound. On the upside, firm break of 0.9363 minor resistance will argue that the correction from 0.9471 has completed, and […]
02/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3091; (P) 1.3145; (R1) 1.3181; More… GBP/USD is staying in consolidation below 1.3265 and intraday bias remains neutral. While deeper retreat cannot be ruled out, downside should be contained well above 1.3043 resistance turned support to bring rebound. On the upside, above 1.3265 will resume larger up trend to 100% projection of […]
10/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9011; (P) 0.9038; (R1) 0.9064; More…. Intraday bias in USD/CHF is back on the upside with break of 0.9094 resistance. Current rise is part of the whole rally from 0.8332. Next target is 161.8% projection of 0.8550 to 0.8884 from 0.8728 at 0.8818. For now, near term outlook will stay bullish as […]