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GBP/USD turned sideway after rising to 1.2760 last week. Intraday bias remains neutral this week for some consolidations, but further rally is in favor. Above 1.2760 will resume the rally from 1.2298 to 1.2892 resistance next. On the downside, below 1.2670 will turn bias to the downside for deeper pull back. In the bigger picture, […]

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GBP/USD Mid-Day Outlook

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EUR/CHF Daily Outlook

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18/01/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 146.08; (P) 146.70; (R1) 147.80; More… Intraday bias in USD/JPY remains on the upside at this point. Current rise from 140.25 should target 151.89/93 key resistance zone next. On the downside, below 146.40 minor support will turn intraday bias neutral first. But further rally will remain in favor as long as 55 […]
09/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9390; (P) 0.9428; (R1) 0.9500; More…. Intraday bias in EUR/CHF remains neutral and further decline is expected with 0.9476 support turned resistance intact. On the downside, below 0.9354 minor support will bring retest of 0.9209 first. Firm break there will resume larger fall from 0.9928 to 161.8% projection of 0.9928 to 0.94767 […]
19/09/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8409; (P) 0.8445; (R1) 0.8498; More… Sideway trading continues in USD/CHF and intraday bias remains neutral. 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, considering bullish convergence condition in 4H MACD, break of 0.8548 […]