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Daily Pivots: (S1) 0.9732; (P) 0.9776; (R1) 0.9805; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9847 is still extending. Near term outlook will remain bullish as long as 0.9709 support holds. Break of 0.9847 will resume larger rise from 0.9252. However, considering bearish divergence condition in 4H MACD, break of 0.9709 will […]

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11/07/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3604; (P) 1.3623; (R1) 1.3639; More… Intraday bias in USD/CAD remains neutral for the moment. Outlook is unchanged that corrective pattern from 1.3845 could extend. Break of 1.3589 will target 100% projection of 1.3845 to 1.3589 from 1.3790 at 1.3534. Strong support would be seen there to bring rebound. On the upside, […]
24/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 154.63; (P) 154.76; (R1) 154.95; More… Outlook in USD/JPY is unchanged and intraday bias remains mildly on the upside for further rally. However, considering bearish divergence condition in 4H MACD, strong resistance should be seen from 155.20 fibonacci level to bring correction on first attempt. On the downside, break of 153.58 support […]
28/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9019; (P) 0.9046; (R1) 0.9064; More…. Intraday bias in USD/CHF is turned neutral with current retreat and some consolidations could be seen. But further rally is expected as long as 0.8964 support holds. Firm break of 0.9070 will resume larger rise from 0.8332 towards 0.9243 key resistance next. In the bigger picture, […]