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Daily Pivots: (S1) 0.8507; (P) 0.8528; (R1) 0.8558; More… Intraday bias in EUR/GBP as it’s capped below 0.8571 resistance despite extended recovery. On the downside, break of 0.8497 will resume extend recent fall to 0.8464 projection level. Nevertheless, considering bullish convergence condition in 4H MACD, sustained break of 0.8571 will confirm short term bottoming, and […]

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USD/CHF Daily Outlook

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31/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8602; (P) 0.8622; (R1) 0.8639; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, firm break […]
02/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 172.78; (P) 173.22; (R1) 173.85; More… Intraday bias in EUR/JPY remains on the upside. Current up trend should target 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the downside, below 171.36 minor support will turn intraday bias neutral and bring consolidations first. But outlook will remain bullish as long […]
26/04/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.32; (P) 155.53; (R1) 155.87; More… Intraday bias in USD/JPY remains on the upside for 100% projection of 140.25 to 150.87 from 146.47 at 157.09. Some resistance could be seen there to bring retreat. But further rally is expected as long as 154.77 resistance turned support holds. Sustained break of 157.09 will […]