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Daily Pivots: (S1) 0.9047; (P) 0.9073; (R1) 0.9122; More… Intraday bias in USD/CHF stays neutral for the moment, and more consolidations could be seen below 0.9136 resistance. But further rally is expected as long as 0.8956 resistance turned support holds. Above 0.9136 will resume the rally from 0.8374 to 0.9223 key resistance next. However, firm […]

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02/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9378; (P) 0.9412; (R1) 0.9440; More…. EUR/CHF retreated notably after rising to 0.9440 and intraday bias is turned neutral first. On the upside, break of 0.9440 will resume the corrective rebound from 0.9204 to 0.9481 fibonacci resistance next. On the downside, below 0.9359 minor support will turn intraday bias back to the […]
03/07/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0721; (P) 1.0735; (R1) 1.0760; More…. Intraday bias in EUR/USD remains neutral for the moment. On the upside, firm break of 55 D EMA (now at 1.0772) will argue that pull back from 1.0915 has completed. Further rise should be seen back to 1.0915 resistance. However, break of 1.0665 will resume larger […]
02/08/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 148.42; (P) 151.16; (R1) 152.72; More… No change in USD/JPY’s outlook and intraday bias stays on the downside at this point. Strong support could be seen from 148.66 fibonacci level to bring consolidations. On the upside, above 151.93 support turned resistance will turn bias back to the upside for stronger recovery. Nevertheless, […]