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Daily Pivots: (S1) 0.9012; (P) 0.9041; (R1) 0.9071; More… Intraday bias in USD/CHF stays neutral at this point. Rise from 0.9374 remains intact so far with strong support support seen from near term rising channel. On the upside, break of 0.9107 will target 0.9200 and 0.9223 key resistance. On the downside, however, break of 0.8964 […]

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USD/JPY Mid-Day Outlook

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EUR/USD Daily Outlook

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12/12/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8817; (P) 0.8836; (R1) 0.8860; More… Intraday bias in USD/CHF remains on the upside for the moment. Corrective fall from 0.8956 should have completed at 0.8735 after hitting 55 D EMA. Further rally should be seen to retest 0.8956 high first. Firm break there will resume the whole rise from 0.8374. Next […]
18/12/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 152.99; (P) 153.66; (R1) 154.17; More… Intraday bias in USD/JPY stays neutral and more consolidations could be seen. Further rally is expected as long as 151.79 minor support holds. Above 154.47 temporary top will target a retest on 156.74 high first. Firm break there will resume whole rally from 139.57, and target […]
07/01/2025

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9366; (P) 0.9388; (R1) 0.9420; More…. EUR/CHF’s corrective rebound from 0.9204 could still extend higher through 0.9440. But upside should be limited by 0.9481 fibonacci resistance. On the downside, firm break of 0.9329 support will argue that the correction has completed, and bring retest of 0.9204 low. In the bigger picture, while […]