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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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13/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 146.43; (P) 147.32; (R1) 148.11; More… Outlook in USD/JPY remains bearish with 38.2% retracement of 161.94 to 141.67 at 149.41 intact and intraday bias stays neutral. Below 145.42 minor support will turn bias to the downside for 141.67. Break there will resume the fall from 161.94 to 140.25 support next. Nevertheless, decisive […]
09/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 173.54; (P) 174.08; (R1) 174.65; More… Intraday bias in EUR/JPY remains neutral for the moment. On the upside, firm break of 174.50 will resume the larger up trend and target 138.2% projection of 164.01 to 170.87 from 167.52 at 177.00. On the downside, however, break of 173.07 will turn bias to the […]
06/03/2024

EUR/CHF Daily Outlook

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 […]