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Daily Pivots: (S1) 0.8983; (P) 0.9012; (R1) 0.9031; More… USD/CHF is staying consolidation below 0.9049 and intraday bias remains neutral. Further rise is mildly in favor as long as 0.8956 support holds. Above 0.9049 will affirm the case that corrective fall from 0.9223 has completed at 0.8825. Further rally would then be seen to 0.9157 […]

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GBP/USD Daily Outlook

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22/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 191.35; (P) 192.43; (R1) 193.02; More….. Intraday bias in GBP/JPY is turned neutral with current retreat and some consolidations would be seen. Nevertheless, outlook will stay bullish as long as 187.94 support holds. On the upside, break of 193.51 will resume larger up trend to 61.8% projection of 178.32 to 191.29 from […]
22/08/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.3566; (P) 1.3604; (R1) 1.3631; More… Immediate focus is now on 1.3588 structural support as fall from 1.3946 extended. Strong support could be seen there to bring reversal. On the upside, above 1.3640 minor resistance will turn intraday bias back to the upside for stronger rebound. However, decisive break of 1.3588 will […]
16/01/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 145.09; (P) 145.52; (R1) 146.19; More… USD/JPY is still staying below 146.40 and intraday bias remains neutral. Rebound from 140.25 could extend through 146.40, but upside should be limited by 61.8% retracement of 151.89 to 140.25 at 147.44. On the downside, break of 143.41 will turn bias back to the downside for […]