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Daily Pivots: (S1) 194.10; (P) 194.68; (R1) 195.78; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 to 180.00 at 197.35 next. On the downside, break of 189.54 will turn bias back to the downside for 183.70 […]

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01/11/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8622; (P) 0.8646; (R1) 0.8659; More… USD/CHF is still extending consolidation from 0.8699 and intraday bias remains neutral. Further rally remains in favor as long as 55 D EMA (now at 0.8609) holds. On the upside, decisive break of 38.2% retracement of 0.9223 to 0.8374 at 0.8698 will argue that fall from […]
21/09/2024

EUR/GBP Weekly Outlook

EUR/GBP’s closed below 0.8382 support last week indicates larger down trend resumption. Initial bias stays on the downside this week for 61.8% projection of 0.8624 to 0.8399 from 0.8463 at 0.8324. For now, outlook will remain bearish as long as 0.8463 resistance holds, in case of recovery. In the bigger picture, down trend from 0.9267 […]
24/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9446; (P) 0.9459; (R1) 0.9472; More… Intraday bias in EUR/CHF is turned neutral with current retreat. Some consolidations could be seen but further rally is expected as long as 0.9404 minor support holds. Above 0.9471 will resume the rebound from 0.9252, as a correction to whole decline from 1.0095. Next target will […]