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Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… EUR/USD’s rise from 1.0601 resumed by breaking through 1.0810 and intraday bias is back on the upside. Further rise should be seen to 1.0885 resistance next. For now, further ally is expected as long as 1.0765 support holds, in case of retreat. In the bigger picture, […]

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GBP/JPY Daily Outlook

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USD/JPY Mid-Day Outlook

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12/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 144.81; (P) 145.61; (R1) 146.08; More… Intraday bias in USD/JPY remains neutral at this point. On the upside above 146.40 will resume the rebound from 140.25 to 61.8% retracement of 151.89 to 140.25 at 147.44. Upside should be limited there to bring reversal. On the downside, break of 143.41 will turn bias […]
16/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9001; (P) 0.9036; (R1) 0.9057; More…. USD/CHF’s fall from 0.9223 resumed by breaking 0.9005 and intraday bias is back on the downside. Deeper decline should be seen to 38.2% retracement of 0.8332 to 0.9223 at 0.8883 next. For now, risk will stay on the downside as long as 0.9101 resistance holds, in […]
04/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2645; (P) 1.2680; (R1) 1.2747; More… Intraday bias in GBP/USD remains neutral and consolidation from 1.2731 could extend further. But further rally is expected as long as 1.2590 minor support holds. On the upside, decisive break of 1.2731 will resume the rally from 1.2036 for retesting 1.3141 high next. In the bigger […]