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Daily Pivots: (S1) 0.8754; (P) 0.8788; (R1) 0.8834; More…. Intraday bias in USD/CHF stays on the upside at this point. rebound from 0.8665 short term bottom is in progress for 0.8886 support turned resistance first. Decisive break there will indicate that whole fall from 0.9243 has completed, and bring stronger rally to 0.9111 resistance next. […]

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EUR/USD Mid-Day Outlook

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21/03/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.29; (P) 192.91; (R1) 194.02; More….. Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 178.32 to 191.29 from 187.94 at 195.95, which is close to 195.86 long term resistance. On the downside, below 191.78 minor support will turn intraday bias neutral […]
13/02/2024

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 149.01; (P) 149.29; (R1) 149.56; More… Intraday bias in USD/JPY is turned neutral as retreat from 149.57 is extending. Some consolidations could be seen but further rally is expected as long as 147.62 support holds. Above 149.57 will resume the rise from 140.25 to retest 151.89/93 key resistance zone. Decisive break there […]
20/03/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 162.64; (P) 163.32; (R1) 164.61; More… EUR/JPY’s long term up trend resumed by breaking through 164.29 resistance. Intraday bias stays on the upside. Next near term target will be 61.8% projection of 153.15 to 163.70 from 160.20 at 166.71. On the downside, Below 163.81 minor support will turn intraday bias neutral and […]