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Daily Pivots: (S1) 190.46; (P) 191.08; (R1) 191.84; More.. No change in GBP/JPY’s outlook. Intraday bias stays neutral as consolidations from 193.51 could extend further. On the upside, firm break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 190.02 will indicate that it’s at least correcting the […]

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11/03/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9581; (P) 0.9596; (R1) 0.9615; More… Intraday bias in EUR/CHF remains neutral as consolidation from 0.9630 is extending. As long as 0.9510 support holds, further rally is still expected. On the upside, break of 0.9630 will resume the rise from 0.9252 and target 161.8% projection of 0.9252 to 0.9471 from 0.9304 at […]
27/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3172; (P) 1.3219; (R1) 1.3242; More… USD/CAD’s fall form 1.3897 continues today and intraday bias stays on the downside. Current decline should target 1.3091 support and possibly below. On the upside, above 1.3284 minor resistance will turn intraday bias neutral and bring consolidations. But another fall will remain in favor as long […]
30/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8594; (P) 0.8626; (R1) 0.8645; More…. Outlook in USD/CHF remains unchanged as range trading continues. Intraday bias stays neutral at this point. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this […]