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Daily Pivots: (S1) 0.9848; (P) 0.9866; (R1) 0.9901; More…. Intraday bias in EUR/CHF remains on the upside for 61.8% projection of 0.9304 to 0.9847 from 0.9563 at 0.9899. Decisive break there could prompt upside acceleration to 100% projection at 1.0106, which is slightly above 1.0095 key structural resistance. On the downside, below 0.9851 minor support […]

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EUR/USD Mid-Day Outlook

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02/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 140.58; (P) 141.25; (R1) 141.69; More… Intraday bias in USD/JPY is turned neutral as recovery from 140.25 extends. Further decline will remain in favor as long as 142.84 minor resistance holds. Break of 140.25 will resume fall from 151.89 and target 136.63 fibonacci level. Nevertheless, break of 142.84 will turn bias back […]
16/07/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8937; (P) 0.8955; (R1) 0.8975; More… Intraday bias in USD/CHF remains neutral and further decline is expected with 0.9000 resistance intact. Below 0.8914 will target 0.8825 low. Break of 0.8825 will target 50% retracement of 0.8332 to 0.9223 at 0.8778 next. However, break of 0.9000 will turn bias back to the upside […]
09/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9071; (P) 0.9083; (R1) 0.9093; More…. Intraday bias in USD/CHF stays neutral at this point. Further decline is in favor as long as 55 4H EMA (now at 0.9096) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9000) will bring deeper fall to 38.2% […]