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Daily Pivots: (S1) 0.9377; (P) 0.9403; (R1) 0.9434; More…. EUR/CHF is still bounded in converging range and intraday bias stays neutral for the moment. ON the upside, break of 0.9506 resistance should resume whole rebound from 0.9209 through 0.9579 resistance. On the downside, break of 0.9332 will resume the fall from 0.9579 towards 0.9209 low. […]

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27/09/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 144.21; (P) 144.71; (R1) 145.31; More… USD/JPY reversed after edging higher to 146.68 and intraday bias is turned neutral first. Further rise would remain in favor as long as 142.89 minor support holds. Above 146.48 will extend the rebound from 139.57 to 38.2% retracement of 161.94 to 139.57 at 148.11. On the […]
12/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9717; (P) 0.9734; (R1) 0.9760; More…. Intraday bias in EUR/CHF remains neutral as consolidation continues below 0.9753. Another dip cannot be ruled out yet, but further rally is expected with 0.9639 support intact. On the upside, above 0.9754 will resume the rebound from 0.9476 to retest 0.9928 high. Nevertheless, break of 0.9639 […]
23/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 147.74; (P) 148.28; (R1) 148.71; More… USD/JPY is extending the consolidation from 148.79 temporary top and intraday bias remains neutral. While deeper retreat cannot be ruled out, further rally is expected as long as 145.97 resistance turned support holds. Corrective fall from 151.89 should have completed at 140.25 already. Break of 148.79 […]