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Daily Pivots: (S1) 1.3524; (P) 1.3551; (R1) 1.3572; More… Intraday bias in USD/CAD stays on the upside at this point. Firm break of 61.8% projection of 1.3176 to 1.3540 from 1.3357 at 1.3582 will pave the way to 100% projection at 1.3721. On the downside, break of 1.3438 support is needed to indicate short term […]

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USD/CHF Daily Outlook

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02/09/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9373; (P) 0.9396; (R1) 0.9413; More…. Intraday bias in EUR/CHF remains neutral for consolidations above 0.9351 temporary low. As noted before, rebound from 0.9209 could have completed at 0.9579 already. Deeper fall is expected as long as 0.9455 minor resistance holds. Break of 0.9351 will target 0.9209 low next. However, break of […]
16/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 204.32; (P) 204.86; (R1) 205.57; More… Intraday bias in GBP/JPY is turned neutral first. Corrective fall from 208.09 short term top could still extend lower. Break of 203.82 would target 38.2% retracement of 191.34 to 208.09 at 201.69. Strong support is expected there to bring rebound. On the upside, above 206.35 minor […]
22/05/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8532; (P) 0.8542; (R1) 0.8549; More… EUR/GBP accelerates lower today and the break of 0.8529 support argues that larger down trend is ready to resume. Intraday bias stays on the downside for 0.8491/7 support one. Firm break there will confirm this case and target 0.8376 projection level next. On the upside though, […]