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Daily Pivots: (S1) 0.9434; (P) 0.9449; (R1) 0.9460; More… EUR/CHF’s consolidation from 0.9471 is in progress and intraday bias stays neutral for the moment. Further rally is expected as long as 0.9404 minor support holds. Above 0.9471 will resume the rebound from 0.9252, as a correction to whole decline from 1.0095. Next target will be […]

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USD/CHF Mid-Day Outlook

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12/12/2023

GBP/JPY Daily Outlook

Daily Pivots: (S1) 182.01; (P) 183.17; (R1) 184.68; More… Intraday bias in GBP/JPY is turned neutral first with current retreat. 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 […]
29/11/2023

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2597; (P) 1.2621; (R1) 1.2650; More… Intraday bias in GBP/USD stays on the upside for the moment. Current rise from 1.2036 should target 61.8% retracement of 1.3141 to 1.2036 at 1.2716. Upside could be capped there on first attempt, on loss of momentum as seen in 4H MACD. On the downside, below […]
02/07/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 160.90; (P) 161.31; (R1) 161.89; More… Intraday bias in USD/JPY remains on the upside at this point. Current up trend should target 61.8% projection of 146.47 to 160.20 from 154.53 at 163.01. On the downside, below 160.25 minor support will turn intraday bias neutral and bring consolidations again, before staging another rally. […]