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Daily Pivots: (S1) 0.9128; (P) 0.9162; (R1) 0.9231; More…. Intraday bias in USD/CHF remains on the upside for 0.9243 resistance. Decisive break there will carry larger bullish implications. Next target will be 61.8% projection of 0.8728 to 0.9151 from 0.9009 at 0.9270. For now, near term outlook will stay bullish as long as 0.9087 support […]

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USD/JPY Daily Outlook

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16/08/2024

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0942; (P) 1.0980; (R1) 1.1010; More….. EUR/USD is staying in consolidation below 1.1046 and intraday bias remains neutral. Another rally is in favor as long as 1.0880 support holds. Firm break of 100% projection of 1.0665 to 1.0947 from 1.0776 at 1.1058 could prompt upside acceleration through 1.1138 resistance to 161.8% projection […]
03/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8995 (P) 0.9032; (R1) 0.9061; More…. Intraday bias in USD/CHF remains on the downside for 0.8987 support. Firm break there will resume whole fall from 0.9223 and target 100% projection of 0.9223 to 0.8987 from 0.9157 at 0.8921. On the upside, above 0.9065 minor resistance will turn intraday bias neutral first. In […]
03/05/2024

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.57; (P) 165.48; (R1) 166.73; More… Intraday bias in EUR/JPY stays on the downside. Sustained break of 55 D EMA (now at 163.94) will extend the fall from 171.58, as a correction to rise from 153.15, to 61.8% retracement of 153.15 to 171.58 at 160.19. On the upside, above 167.37 will turn […]