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Daily Pivots: (S1) 165.34; (P) 165.75; (R1) 166.35; More…. EUR/JPY’s rally from 155.14 is in progress and intraday bias stays on the upside for 61.8% retracement of 175.41 to 154.40 at 167.38. Sustained break there will pave the way to retest 175.41 high. On the downside, below 163.79 minor support will turn intraday bias neutral […]

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27/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9564; (P) 0.9582; (R1) 0.9603; More…. No change in EUR/CHF’s outlook as consolidation from 0.9476 is extending. Intraday bias remains neutral for the moment. Outlook will remain bearish as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 […]
11/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8952; (P) 0.8969; (R1) 0.8982; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, firm break of 0.8987 support turned resistance will argue that correction from 0.9223 has completed, after drawing support from 0.8883 fibonacci level. Intraday bias will be back on the upside for 0.9157/9223 resistance zone. […]
04/12/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 188.30; (P) 189.35; (R1) 190.60; More… Intraday bias in GBP/JPY is turned neutral with current recovery and some consolidations would be seen first. Further decline is expected as long as 55 D EMA (now at 194.36) holds. On the downside, below 188.07 temporary low will resume the fall from 199.79 to 183.70 […]