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Daily Pivots: (S1) 0.9343; (P) 0.9366; (R1) 0.9380; More…. Range trading continues in EUR/CHF and outlook is unchanged. Intraday bias stays neutral for the moment. On the downside, break of 0.9332 will resume the fall from 0.9579 towards 0.9209 low. On the upside, break of 0.9506 will turn intraday bias to the upside for 0.9579 […]

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11/12/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.99; (P) 193.57; (R1) 194.67; More… No change in GBP/JPY’s outlook, as it stays bearish as long as 55 D EMA (now at 193.97) holds. On the downside, below 190.59 minor support will bring retest of 188.07 first. Break there will target 183.70 support next. However, sustained trading above the EMA will […]
28/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3184; (P) 1.3202; (R1) 1.3226; More… Intraday bias in USD/CAD remains on the downside at this point. Current fall from 1.3897 should target 1.3091 support and possibly below. On the upside, above 1.3284 minor resistance will turn intraday bias neutral and bring consolidations. But another decline will remain in favor as long […]
23/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 170.20; (P) 170.93; (R1) 171.79; More… Range trading continues in EUR/JPY above 169.98 temporary low and intraday bias stays neutral. Further decline is expected as long as 172.91 resistance holds. Below 169.98 will target 38.2% retracement of 153.15 to 175.41 at 166.90, as a correction to whole rise from 153.15. On the […]