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Daily Pivots: (S1) 0.9524; (P) 0.9545; (R1) 0.9583; More…. EUR/CHF is staying inc consolidation above 0.9476 and intraday bias remains neutral. While stronger recovery cannot be ruled out, outlook will remain bearish as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 at […]

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15/08/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2806; (P) 1.2838; (R1) 1.2857; More… Intraday bias in GBP/USD remains on the upside for the moment. Pull back from 1.3043 could have completed at 1.2664 already. Further rise should be seen to retest 1.3043 resistance first. Firm break there will resume whole rally from 1.2998 to 61.8% projection of 1.2298 to […]
25/06/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 158.95; (P) 159.43; (R1) 160.11; More… A temporary top should be formed at 159.92 in USD/JPY and intraday bias is turned neutral first. Further rise will remain in favor as long as 157.70 resistance turned support holds. Sustained break of 106.20 and 100% projection of 151.86 to 157.70 from 154.53 at 160.37 […]
06/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9235; (P) 0.9310; (R1) 0.9408; More…. EUR/CHF recovered after hitting 0.9029 and intraday bias is turned neutral for consolidations first. But near term outlook will stay bearish as long as 0.9476 support turned resistance holds. Below 0.9209 will target 161.8% projection of 0.9928 to 0.94767 from 0.9772 at 0.9041 next. In the […]