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Daily Pivots: (S1) 189.77; (P) 190.89; (R1) 193.02; More… Intraday bias in GBP/JPY remains on the upside at this point. Fall from 208.09 should have completed at 180.00 already. Rebound from there is seen as the second leg of the corrective pattern from 208.09. Further rally should be seen to 61.8% retracement of 208.09 to […]

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EUR/USD Daily Outlook

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18/03/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8818; (P) 0.8836; (R1) 0.8852; More…. Intraday bias in USD/CHF stays mildly on the upside at this point. Consolidation from 0.8884 should have completed with three waves to 0.8728. Further rally should be seen to retest 0.8891 resistance first. Firm break there will resume whole rally from 0.8332. Next target is 61.8% […]
04/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9361; (P) 0.9403; (R1) 0.9430; More…. No change in EUR/CHF’s outlook and intraday bias stays neutral first. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of 0.9497 […]
02/02/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6453; (P) 1.6529; (R1) 1.6621; More… EUR/AUD failed to break through 1.6671 resistance and retreated sharply. Intraday bias is turned neutral again first. On the upside, decisive break of 1.6671 will revive the case that whole correction from 1.7062 has completed with three waves down to 1.6127. Further rally should then be […]