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Daily Pivots: (S1) 0.9578; (P) 0.9598; (R1) 0.9611; More… EUR/CHF is losing some upside momentum but intraday bias stays on the upside for now. Current rise from 0.9252 should target 161.8% projection of 0.9252 to 0.9471 from 0.9304 at 0.9658 next. On the downside, below 0.9553 minor support will turn intraday bias neutral and bring […]

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USD/JPY Mid-Day Outlook

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03/02/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8549; (P) 0.8599; (R1) 0.8628; More…. USD/CHF rebounds notably today but stays in range below 0.8727. Intraday bias remains neutral first. On the upside, firm break of 0.8727 will resume the rebound to 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On the downside, below 0.8550 will resume the fall from 0.8727 […]
10/01/2024

GBP/JPY Mid-Day Outlook

Daily Pivots: (S1) 182.94; (P) 183.45; (R1) 184.15; More… GBP/JPY’s strong rally today confirms resumption of rise from 178.32. More importantly, the decisive break of 184.15 resistance indicates that correction from 188.63 has completed already. Intraday bias is back on the upside for retesting 188.63 next. On the downside, break of 182.73 support is needed […]
26/03/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 151.13; (P) 151.35; (R1) 151.64; More… Outlook in USD/JPY remains unchanged at consolidation from 151.82 is still extending. Intraday bias stays neutral at this point. Further rally is expected as long as 150.25 support holds. On the upside, decisive break of 151.93 key resistance will confirm long term up trend resumption. Next […]