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Daily Pivots: (S1) 0.8842; (P) 0.8864; (R1) 0.8880; More…. USD/CHF’s retreat from 0.8884 extends lower today and intraday bias remains neutral. Some more consolidative trading would be seen but downside should be contained by 0.8727 resistance turned support to bring another rally. On the upside, above 0.8884 will resume the rise from 0.8332 to 100% […]

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GBP/USD Mid-Day Outlook

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EUR/USD Weekly Outlook

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12/12/2023

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8552; (P) 0.8570; (R1) 0.8591; More…. EUR/GBP is still bounded in sideway consolidation despite brief dip to 0.8548. Intraday bias remains neutral at this point. IN case of another recovery, upside should be limited below 0.8648 support turned resistance to bring another decline. Below 0.8548 will target 0.8491 low first. Firm break […]
30/08/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9361; (P) 0.9380; (R1) 0.9407; More…. A temporary low is formed at EUR/CHF at 0.9351, inch above 61.8% retracement of 0.9209 to 0.9579 at 0.9350. Intraday bias is turned neutral for some consolidations. Further decline is expected as long as 0.9497 resistance holds. Firm break of 0.9350 will pave the way to […]
15/02/2024

USD/JPY Daily Outlook

Daily Pivots: (S1) 150.33; (P) 150.61; (R1) 150.86; More… Intraday bias in USD/JPY is turned neutral with current retreat and some consolidations could be seen first. Downside of consolidation should be contained by 148.79 resistance turned support to bring another rally. Above 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. Decisive […]