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Daily Pivots: (S1) 0.9563; (P) 0.9620; (R1) 0.9652; More…. EUR/CHF’s fall from 0.9772 continues today and intraday bias stays on the downside. With 61.8% retracement of 0.9476 to 0.9772 at 0.9589 broken, next target is 0.9476 low. Firm break there will resume whole fall from 0.9928 to 100% projection of 0.9928 to 0.94767 from 0.9772 […]

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EUR/USD Mid-Day Outlook

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08/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.28; (P) 160.84; (R1) 161.35; More… Intraday bias in USD/JPY remains neutral first and further rally is expected with 160.25 minor support intact. On the upside, break of 161.94 temporary top will resume larger up trend to 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. Nevertheless, break of 160.25 will […]
21/06/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0686; (P) 1.0719; (R1) 1.0735; More…. EUR/USD is staying in range above 1.0667 and intraday bias remains neutral. Further decline is expected with 1.0760 resistance intact. Break of 1.0667 will resume the fall from 1.0915, as another leg in the larger corrective pattern. Next target is 1.0601 low. However, break of 1.0760 […]
13/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 182.14; (P) 182.87; (R1) 183.45; More… Intraday bias in GBP/JPY stays neutral for the moment. On the downside, break of 181.66 minor support will suggest that rebound from 178.58 has completed. Intraday bias will be back to the downside for retesting 178.58 low. Overall outlook will stay bearish as long as 184.44 […]