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Daily Pivots: (S1) 157.87; (P) 158.43; (R1) 158.82; More… Intraday bias in EUR/JPY is turned neutral first with current retreat. But rise will stay on the upside as long as 155.06 support holds. On the upside, above 158.97 will resume the rebound from 153.15 to 100% projection of 153.15 to 158.55 from 155.06 at 160.46. […]

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19/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8644; (P) 0.8670; (R1) 0.8707; More…. Outlook in USD/CHF remains unchanged with focus on 0.8665 support turned resistance. Decisive break there will turn near term outlook bullish for 61.8% retracement of 0.9243 to 0.8332 at 0.8995. Nevertheless, break of 0.8565 minor support will turn intraday bias back to the downside for retesting […]
25/04/2024

EUR/USD Daily Outlook

.Daily Pivots: (S1) 1.0680; (P) 1.0697; (R1) 1.0716; More… Immediate focus is now on 1.0723 support turned resistance. Rejection from there, followed by break of 1.0677 minor support, will retain near term bearishness. Retest of 1.0601 low would be seen next. Nevertheless, firm break of 1.0723 will bring stronger rebound to 55 D EMA (now […]
27/06/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2594; (P) 1.2644; (R1) 1.2672; More… GBP/USD’s fall from 1.2859 is trying to resume through 1.2622 temporary low and intraday bias is back on the downside. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 has completed, and target 1.2445 and below. On the upside, however, firm […]