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Daily Pivots: (S1) 194.91; (P) 195.31; (R1) 195.99; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. 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. Sustained break there will target 208.09 high. On the downside, break of 189.54 will […]

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12/11/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8770; (P) 0.8790; (R1) 0.8790; More… Intraday bias in USD/CHF remains on the upside for the moment. Current rally from 0.8374 is in progress for 61.8% retracement of 0.9223 to 0.8374 at 0.8899. Sustained trading above there will pave the way towards 0.9223 high. On the downside, below 0.8773 support will turn […]
24/11/2024

USD/CHF Weekly Outlook

USD/CHF’s rally from 0.8374 continued last week despite interim consolidations. Initial bias stays on the upside this week for further rise to 0.9223 key resistance. For now, outlook will remain bullish as long as 0.8800 support holds, in case of retreat. In the bigger picture, price actions from 0.8332 (2023 low) are currently seen as […]
14/02/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0750; (P) 1.0778; (R1) 1.0800; More… EUR/USD’s fall from 1.1138 resumed by breaking 1.0722 support today. More importantly, current development argues that whole rise from 1.0477 has already finished. Intraday bias is back on the downside for 1.0447. On the upside, break of 1.0804 resistance is needed to signal short term bottoming. […]