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Daily Pivots: (S1) 0.8979; (P) 0.8994; (R1) 0.9004; More… USD/CHF is staying in consolidations below 0.9020 and intraday bias remains neutral. While another pull back might be seen, downside should be contained above 0.8735 support to bring another rally. Above 0.9020 will resume the rise from 0.8374 and target 61.8% projection of 0.8374 to 0.8956 […]

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USD/CHF Daily Outlook

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GBP/USD Mid-Day Outlook

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08/07/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 205.21; (P) 205.83; (R1) 206.67; More… Intraday bias in GBP/JPY remains on the upside for the moment. Firm break of 100% projection of 191.34 to 200.72 from 197.18 at 206.56 will target 138.2% projection at 210.17. On the downside, below 204.97 minor support will turn bias to the downside for deeper pull […]
31/07/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9526; (P) 0.9566; (R1) 0.9587; More…. Intraday bias in EUR/CHF remains neutral and outlook is unchanged. While more consolidations could be seen, further decline is expected as long as 0.9641 support turned resistance holds. Rebound from 0.9476 should have completed as a corrective move at 0.9772. Below 0.9519 will bring retest of […]
09/12/2023

GBP/USD Weekly Outlook

GBP/USD’s decline last week suggests that a short term top was already formed at 1.2731. Initial bias remains on the downside this week for 55 D EMA (now at 1.2441). Sustained break there will bring retest of 1.2036 low. On the upside, above 1.2611 minor resistance will turn intraday bias neutral first. In the bigger […]