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Daily Pivots: (S1) 0.8770; (P) 0.8790; (R1) 0.8790; More… Intraday bias in USD/CHF remains on the upside for the moment. Current rally from 0.8374 is in progress for 61.8% retracement of 0.9223 to 0.8374 at 0.8899. Sustained trading above there will pave the way towards 0.9223 high. On the downside, below 0.8773 support will turn […]

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GBP/USD Daily Outlook

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01/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2582; (P) 1.2646; (R1) 1.2689; More… GBP/USD is staying in consolidation from 1.2731 and intraday bias remains neutral at this point. For now, further rally is in favor as long as 1.2426 resistance turned support holds. On the upside, sustained trading above 61.8% retracement of 1.3141 to 1.2036 at 1.2716 will pave […]
26/01/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8636; (P) 0.8661; (R1) 0.8695; More…. Intraday bias in USD/CHF is turned neutral with current recovery. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, firm break […]
06/09/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 158.70; (P) 159.24; (R1) 159.93; More…. EUR/JPY’s fall from 163.86 continues today and intraday bias stays on the downside. Deeper fall would be seen to retest 154.40 low first. Firm break there will resume whole fall from 175.41. On the upside, above 160.01 support turned resistance will turn intraday bias neutral first. […]