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Daily Pivots: (S1) 0.9490; (P) 0.9500; (R1) 0.9513; More… Intraday bias in EUR/CHF is turned neutral first with current retreat, and some consolidations could be seen first. But downside should be contained by 0.9413 minor support to bring another rally. On the upside, break of 0.9510 will resume the rebound from 0.9252 and target 0.9574 […]

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USD/CHF Daily Outlook

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24/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.45; (P) 192.15; (R1) 193.47; More.. GBP/JPY is still bounded in range below 193.51 and intraday bias remains neutral. Further rally is expected with 189.97 support intact. On the upside, firm break of 193.51 will resume larger up trend to 195.86 long term resistance. Nevertheless, decisive break of 189.97 will indicate that […]
17/04/2024

EUR/Mid-Day Outlook

Daily Pivots: (S1) 1.0595; (P) 1.0625; (R1) 1.0648; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Consolidation from 1.0601 could extend further. While stronger recovery cannot be ruled out, upside should be limited by 1.0723 support turned resistance. On the downside, break of 1.0601 will resume the decline from 1.1138 to 100% […]
03/09/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3485; (P) 1.3495; (R1) 1.3505; More… Intraday bias in USD/CAD remains neutral at this point. Some more consolidations would be seen above 1.3439, and stronger recovery cannot be ruled out. But further decline is expected as long as 1.3617 resistance holds. Break of 1.3439 and sustained trading below 61.8% retracement of 1.3091 […]