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Daily Pivots: (S1) 186.12; (P) 186.45; (R1) 186.71; More… Intraday bias in GBP/JPY remains neutral and outlook is unchanged. On the upside, firm break of 187.60 will turn bias to the upside for 188.90. Break there will confirm resumption of larger up trend. Meanwhile, below 185.21 will turn bias to the downside and extend the […]

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EUR/GBP Daily Outlook

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09/04/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9016; (P) 0.9041; (R1) 0.9079; More…. No change in USD/CHF’s outlook as consolidation from 0.9094 is extending. Intraday bias stays neutral at this point. Deeper decline cannot be ruled out, but outlook will stay bullish as long as 0.8884 resistance turned support holds. On the upside, break of 0.9094 will resume larger […]
26/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9569; (P) 0.9582; (R1) 0.9600; More…. EUR/CHF is staying in consolidation from 0.9476 and intraday bias stays neutral. Outlook will remain bearish as long as 0.9683 resistance holds. On the downside, break of 0.9476, and sustained trading below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will bring retest of 0.9252 low […]
17/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8572; (P) 0.8580; (R1) 0.8585; More… Intraday bias in EUR/GBP remains on the downside at this point. Further fall should be seen to 0.8529 support. Decisive break there will argue that larger down trend is ready to resume. For now, risk will stay on the downside as long as 0.8619 resistance holds, […]