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Daily Pivots: (S1) 0.9047; (P) 0.9074; (R1) 0.9094; More…. USD/CHF is holding above 0.9005 support and intraday bias remains neutral first. Further decline is expected as long as 0.9101 resistance holds. On the downside, break of 0.9005 will resume the fall from 0.9223 to 38.2% retracement of 0.8332 to 0.9223 at 0.8883. Nevertheless, break of […]

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USD/JPY Daily Outlook

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08/01/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.87; (P) 158.43; (R1) 158.82; More… Intraday bias in EUR/JPY is turned neutral first with current retreat. But rise will stay on the upside as long as 155.06 support holds. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. […]
19/07/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8407; (P) 0.8414; (R1) 0.8426; More…. Intraday bias in EUR/GBP remains neutral for the moment and more consolidations could be seen above 0.8382. Further decline is in favor. But considering bullish convergence condition in 4H MACD, downside could be contained by 61.8% projection of 0.8619 to 0.8396 from 0.8498 at 0.8360 on […]
04/12/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2645; (P) 1.2680; (R1) 1.2747; More… GBP/USD is still bounded in consolidation from 1.2731 and intraday bias stays neutral. 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 […]