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Daily Pivots: (S1) 0.8720; (P) 0.8757; (R1) 0.8789; More…. Intraday bias in USD/CHF remains neutral for the moment. Further rise remains in favor with 0.8722 minor support intact. Above 0.8819 will resume the rebound from 0.8665 short term bottom to 0.8886 support turned resistance first. However, firm break of 0.8722 will retain near term bearishness, […]

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USD/JPY Daily Outlook

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08/04/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.00; (P) 191.31; (R1) 191.95; More….. Intraday bias in GBP/JPY remains neutral and more consolidations could be seen below 193.51./ On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. On the downside, though, break of 190.02 will turn bias to the downside for 187.94 support […]
13/06/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9633; (P) 0.9654; (R1) 0.9690; More…. Intraday bias in EUR/CHF is turned neutral with current recovery. Some consolidations could be seen, but another fall is expected as long as 55 D EMA (now at 0.9747) holds. Below 0.9613 will target 0.9563 support. Decisive break there will argue that whole rise from 0.9252 […]
14/03/2024

EUR/AUD Daily Outlook

Daily Pivots: (S1) 1.6511; (P) 1.6536; (R1) 1.6559; More… Range trading continues in EUR/AUD and intraday bias stays neutral at this point. On the downside, decisive break of 1.6450 support will argue that whole rebound from 1.6127 has completed with three waves up to 1.6742 already. Near term outlook will be turned bearish for 1.6127 […]