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Daily Pivots: (S1) 158.65; (P) 159.39; (R1) 160.67; More…. Intraday bias in EUR/JPY is turned neutral with current recovery. Outlook is unchanged that corrective pattern from 154.40 might have completed with three waves to 163.47 already. Risk will stay mildly on the downside as long as 163.47 resistance holds. Below 158.09 will target 154.40/155.14 support […]

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30/09/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8374; (P) 0.8433; (R1) 0.8465; More… Intraday bias in USD/CHF remains neutral as range trading continues above 0.8374. Further decline is in favor with 0.8548 resistance intact. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. […]
31/05/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8995; (P) 0.9070; (R1) 0.9110; More…. Intraday bias in USD/CHF remains on the downside for the moment. Fall from 0.9157 is seen as the third leg of the pattern from 0.9223. Deeper fall would be seen to 0.8987 support. Break will target 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921. […]
19/04/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0626; (P) 1.0658; (R1) 1.0675; More… Range trading continues in EUR/USD and intraday bias remains neutral. 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% projection of 1.1138 to 1.0694 from […]