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Daily Pivots: (S1) 0.9448; (P) 0.9479; (R1) 0.9501; More…. Intraday bias in EUR/CHF remains neutral and another rally is still in favor with 0.9448 support intact. On the upside, sustained break of 55 D EMA (now at 0.9576) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive break of 0.9448 will suggest rejection […]

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USD/CHF Daily Outlook

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20/05/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.29; (P) 155.63; (R1) 156.02; More… No change in USD/JPY’s outlook and intraday bias stays neutral. Price actions from 160.20 are seen as a corrective pattern. On the upside, break of 156.78 will resume the rise from 151.86, as the second leg, to retest 160.20 high. On the downside, below 153.59 will […]
07/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8556; (P) 0.8568; (R1) 0.8582; More…. Intraday bias in EUR/GBP stays on the downside with 0.8587 minor resistance intact, despite loss of downside momentum. Current fall from 0.8764 should target a retest on 0.8491 low. Firm break there will resume larger down trend. On the upside, above 0.8587 minor resistance will turn […]
23/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 169.36; (P) 169.65; (R1) 169.97; More… Further rise is mildly in favor in EUR/JPY despite loss of upside momentum. Rise from164.01, as the second leg of the corrective pattern from 171.58, would target 61.8% projection of 164.01 to 169.38 from 167.31 at 170.62. On the downside, break of 169.05 minor support will […]