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Daily Pivots: (S1) 0.9005; (P) 0.9050; (R1) 0.9074; More…. Intraday bias in USD/CHF is turned neutral with current retreat. On the downside, break of 55 4H EMA (now at 0.9016) will bring deeper pullback. But downside should be contained by 0.8884 resistance turned support to bring rebound. On the upside, break of 0.9094 will resume […]

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GBP/JPY Daily Outlook

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16/05/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 195.88; (P) 196.49; (R1) 197.11; More… Intraday bias in GBP/JPY is turned neutral with current retreat. On the downside, break of 194.74 support will suggest that corrective pattern from 200.53 has started the third leg. Deeper fall would be seen back to 191.34 support and below. For now, risk will stay on […]
08/02/2024

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.0755; (P) 1.0770; (R1) 1.0787; More… Intraday bias in EUR/USD remains neutral for the moment, with focus staying on 1.0722 structural support. Decisive break there will argue that whole rise from 1.0447 has completed. Deeper fall would then be seen to target this low. On the upside, break of 1.0896 resistance is […]
02/07/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 172.78; (P) 173.22; (R1) 173.85; More… Intraday bias in EUR/JPY remains on the upside. Current up trend should target 100% projection of 164.01 to 170.87 from 167.52 at 174.38. On the downside, below 171.36 minor support will turn intraday bias neutral and bring consolidations first. But outlook will remain bullish as long […]