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Daily Pivots: (S1) 0.8441; (P) 0.8494; (R1) 0.8544; More… Intraday bias in USD/CHF remains neutral at this point and further decline is expected with 0.8548 resistance intact. 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 […]

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GBP/JPY Daily Outlook

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01/04/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2608; (P) 1.2626; (R1) 1.2643; More… Intraday bias in GBP/USD remains neutral as range trading continues. Risk stays on the downside as long as 1.2666 support turned resistance. Below 1.2574 will resume the fall from 1.2892 to 1.2517 structural support first. Decisive break there will suggest that rise from 1.2036 has completed […]
09/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8453; (P) 0.8488; (R1) 0.8516; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. While recovery from 0.8332 short term bottom could extend higher, outlook will stay bearish as long as 0.8665 support turned resistance holds. On the downside, break of 0.8332 will resume larger fall from 0.9243 to 0.8257 […]
28/12/2023

EUR/JPY Daily Outlook

Daily Pivots: (S1) 156.96; (P) 157.67; (R1) 158.25; More.. EUR/JPY is still bounded in range of 153.15/158.55 and intraday bias remains neutral. On the upside, above 158.55 will resume the rebound from 153.15. On the downside, break of 153.15 will resume whole fall from 164.39 to 61.8% retracement of 139.05 to 164.29 at 148.69. In […]