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Daily Pivots: (S1) 0.9520; (P) 0.9544; (R1) 0.9572; More…. Intraday bias in EUR/CHF is turned neutral first with current recovery. Some consolidations would be seen first, but upside should be limited below 0.9683 resistance to bring another fall. On the downside, sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the […]

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USD/JPY Daily Outlook

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EUR/CHF Mid-Day Outlook

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13/06/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.84; (P) 156.61; (R1) 157.49; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias remains neutral. On the downside, break of 154.53 will turn bias to the downside for 151.86 support and possibly below, as the third leg of the corrective pattern from 160.20. On the upside, break of […]
05/03/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2659; (P) 1.2683; (R1) 1.2716; More… GBP/USD is holding below 1.2708 resistance despite current rebound. Intraday bias stays neutral first. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 has completed. Intraday bias will be back on the upside for retesting 1.2826. Nevertheless, decisive break of 1.2499 will […]
05/09/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 143.09; (P) 144.35; (R1) 145.00; More… Intraday bias in USD/JPY remains on the downside as fall from 149.35 is in progress for retesting 141.67 low. Firm break there will resume whole decline from 161.95 high, for 140.25 support next. For now, risk will stay on the downside as long as 147.20 resistance […]