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Daily Pivots: (S1) 169.36; (P) 169.65; (R1) 169.97; More… Further rise is mildly in favor in EUR/JPY despite loss of upside momentum. Rise from164.01, as the second leg of the corrective pattern from 171.58, would target 61.8% projection of 164.01 to 169.38 from 167.31 at 170.62. On the downside, break of 169.05 minor support will […]

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USD/CHF Daily Outlook

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USD/JPY Mid-Day Outlook

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02/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9014; (P) 0.9036; (R1) 0.9066; More…. Intraday bias in USD/CHF remains neutral at this point. Further rally is expected as long as 0.8964 support holds. Firm break of 0.9070 will resume larger rise from 0.8332 towards 0.9243 key resistance next. In the bigger picture, price actions from 0.8332 medium term bottom as […]
24/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8891; (P) 0.8908; (R1) 0.8930; More… USD/CHF’s sharp decline suggests that recovery from 0.8819 has completed at 0.8923, after rejection by 55 4H EMA. Intraday bias is back on the downside for 0.8819. Firm break there will resume whole fall from 0.9223. Next target is 61.8% retracement of 0.8332 to 0.9223 at […]
19/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3363; (P) 1.3386; (R1) 1.3422; More… Intraday bias in USD/CAD is turned neutral with current recovery, and some consolidations would be seen. Risk will stay on the downside as long as 1.3479 support turned resistance holds. Rise from 1.3091 could have completed at 1.3897 already. Sustained trading below 1.3378 support will bring […]