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Daily Pivots: (S1) 191.81; (P) 192.33; (R1) 192.93; More….. Intraday bias in GBP/JPY remains neutral at this point as consolidation from 193.51 could extend. But further rally is expected as long as 190.02 support holds. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, […]

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USD/CHF Daily Outlook

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03/06/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8995 (P) 0.9032; (R1) 0.9061; More…. No change in USD/CHF’s outlook and intraday bias stays on the downside for 0.8987 support. Firm break there will resume whole fall from 0.9223 and target 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921. On the upside, above 0.9065 minor resistance will turn intraday […]
27/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8450; (P) 0.8463; (R1) 0.8475; More…. Intraday bias in EUR/GBP remains on the downside despite some loss of momentum as seen in 4H MACD. Fall from 0.8624 is in progress for retesting 0.8382 low. Decisive break there will resume larger down trend. On the upside, above 0.8491 minor resistance will turn intraday […]
23/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8495; (P) 0.8519; (R1) 0.8535; More… Intraday bias in EUR/GBP remains on the downside at this point. Firm break of 0.8491/7 support zone will confirm larger down trend resumption. Next target is 0.8376 projection level next. On the upside though, above 0.8540 minor resistance will delay the bearish case and turn intraday […]