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Daily Pivots: (S1) 0.9062; (P) 0.9080; (R1) 0.9110; More…. Intraday bias in USD/CHF remains neutral at this point. On the upside, firm break of 0.9101 will argue that corrective fall from 0.9223 has completed with three waves down to 0.8987 already. Further rise should then be seen to retest 0.9223. On the downside, though, break […]

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GBP/JPY Daily Outlook

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22/08/2024

EUR/GBP Mid-Day Outlook

Daily Pivots: (S1) 0.8502; (P) 0.8524; (R1) 0.8538; More…. EUR/GBP’s fall from 0.8624 resumed by breaking through 0.8507 temporary low as well as 55 D EMA (now at 0.8498. Intraday bias is back on the downs for 61.8% retracement of 0.8382 to 0.8624 at 0.8474. Firm break there will argue that recent down trend is […]
26/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8923; (P) 0.8938; (R1) 0.8964; More…. Intraday bias in USD/CHF remains neutral for the moment. While recovery from 0.8825 might still extend, near term outlook will stay bearish with 0.8992 resistance intact. Below 0.8912 minor support will bring retest of 0.8825 low. Firm break there will resume the fall from 0.9223 to […]
09/04/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 164.42; (P) 164.67; (R1) 165.14; More… Range trading continues in EUR/JPY and intraday bias remains neutral. More consolidations could be seen below 165.33.On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. On the downside, though, break of 162.59 will turn bias to the downside […]