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Daily Pivots: (S1) 0.8792; (P) 0.8815; (R1) 0.8834; More… Range trading continues in USD/CHF and intraday bias stays neutral. Also, with 0.8800 support intact, further rally remains in favor. On the upside, break of 0.8956 will resume the rally from 0.8374, and target 0.9223 key resistance next. However, firm break of 0.8800 will confirm short […]

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USD/JPY Mid-Day Outlook

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EUR/USD Daily Outlook

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20/12/2024

EURJPY Wave Analysis

EURJPY broke resistance zone Likely to rise to resistance level 165.00 EURJPY currency pair recently broke the resistance zone located between the key resistance level 162.00 (which stopped the previous minor wave 2) and the 50% Fibonacci correction of the downward impulse 1 from October. The breakout of this resistance zone accelerated added to the […]
17/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8922; (P) 0.8951; (R1) 0.8967; More… Intraday bias in USD/CHF is back on the downside as fall from 0.9049 resumed through 0.8914 temporary low. Deeper decline is expected to retest 0.8825 support next. Firm break there will resume whole fall from 0.9223 and target 60% retracement of 0.8332 to 0.9223 at 0.8672 […]
23/12/2024

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.4328; (P) 1.4382; (R1) 1.4428; More… Intraday bias in USD/CAD stays neutral as consolidation continues below 1.4466 temporary top. While deeper pull back cannot be ruled out, outlook will stay bullish as long as 1.4177 resistance turned support holds. On the upside, break of 1.4466 and sustained trading above 1.4391 will pave […]