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EUR/JPY rebounded strongly after initial dive to 154.40 last week. While further rise cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 175.41 to 154.40 at 162.42 holds. On the downside, below 157.71 minor support will bring retest of 154.40 first. Break there will resume the fall from 175.41 to […]

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GBP/USD Mid-Day Outlook

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EUR/GBP Weekly Outlook

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16/09/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3109; (P) 1.3133; (R1) 1.3152; More… GBP/USD’s rebound from 1.3000 extends higher today but stays below 1.3265 resistance. Intraday bias remains neutral first. On the upside, decisive break of 1.3265 will resume larger rally 1.3364 projection level next. On the downside, below, 1.3177 minor support will turn bias to the downside, to […]
09/04/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9016; (P) 0.9041; (R1) 0.9079; More…. Intraday bias in USD/CHF remains neutral for the moment, and some more consolidations should be seen. Deeper decline cannot be ruled out, but outlook will stay bullish as long as 0.8884 resistance turned support holds. On the upside, break of 0.9094 will resume larger rise from […]

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9016; (P) 0.9041; (R1) 0.9079; More…. No change in USD/CHF’s outlook as consolidation from 0.9094 is extending. Intraday bias stays neutral at this point. Deeper decline cannot be ruled out, but outlook will stay bullish as long as 0.8884 resistance turned support holds. On the upside, break of 0.9094 will resume larger […]