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Daily Pivots: (S1) 191.19; (P) 192.26; (R1) 193.17; More… Intraday bias stays not the upside with 190.11 minor support intact. GBP/JPY’s rise e from 183.70, as the third leg of the corrective pattern from 180.00, is in progress for 193.45 resistance. Firm break there will target 61.8% retracement of 208.09 to 180.00 at 197.35. On […]

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27/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8438; (P) 0.8477; (R1) 0.8501; More… No change in USD/CHF’s outlook as range trading continues. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, break of 0.8548 resistance will turn bias back to the upside […]
17/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9013; (P) 0.9038; (R1) 0.9088; More…. Intraday bias in USD/CHF remains neutral for the moment. Further decline is expected as long as 0.9101 resistance holds. Break of 0.8987 will resume the whole fall from 0.9223 and target 38.2% retracement of 0.8332 to 0.9223 at 0.8883 next. However, break of 0.9101 will turn […]
11/10/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6194; (P) 1.6247; (R1) 1.6279; More… Intraday bias in EUR/AUD stays neutral at this point. Another rise is in favor as long as 55 4H EMA (now at 1.6218) holds. Above 1.6351 will resume the rebound from 1.6002 short term bottom to 38.2% of 1.7180 to 1.6002 at 1.6452. Decisive break there […]