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Daily Pivots: (S1) 203.45; (P) 204.09; (R1) 204.93; More… Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should target 100% projection of 191.34 to 200.72 from 197.18 at 206.56 next. On the downside, below 202.55 minor support will turn intraday bias neutral and bring consolidations. But outlook will remain […]

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USD/JPY Mid-Day Outlook

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13/03/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8748; (P) 0.8772; (R1) 0.8796; More…. Intraday bias in USD/CHF remains neutral at this point. On the downside, sustained break of 0.8741 will argue that the whole rebound from 0.8332 might have completed, and bring deeper fall to 0.8550 support. Nevertheless, strong bounce from current level will retain near term bullishness. Further […]
19/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8839; (P) 0.8859; (R1) 0.8898; More… Intraday bias in USD/CHF remains neutral for consolidations above 0.8819 temporary low. But further decline is expected as long as 0.9049 resistance holds. Break of 0.8819 will resume the fall from 0.9223 to 60% retracement of 0.8332 to 0.9223 at 0.8672 next. In the bigger picture, […]
04/12/2023

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3463; (P) 1.3521; (R1) 1.3555; More… Intraday bias in USD/CAD is turned neutral first with current recovery, and some consolidations could be seen above 1.3479 temporary low. Still, further decline is expected as long as 1.3625 resistance holds. Below 1.3479 will resume the fall from 1.3897 to 1.3378 support next, which is […]