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Daily Pivots: (S1) 155.01; (P) 155.75; (R1) 156.86; More…. Intraday bias in USD/JPY remains neutral at this point and outlook is unchanged. Risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen as the third leg of the corrective pattern from 160.20. On the downside, break of 154.53 […]

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22/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9092; (P) 0.9104; (R1) 0.9122; More…. Intraday bias in USD/CHF stays mildly on the upside for the moment. Corrective fall from 0.9223 might have completed with three waves down to 0.8987 already. Further rally should be seen back to retest 0.9223. On the downside, below 0.9063 minor support is turned neutral first. […]
05/01/2024

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9274; (P) 0.9303; (R1) 0.9334; More… EUR/USD is staying in consolidation from 0.9252 and intraday bias remains neutral. While another recovery cannot be ruled out, outlook will stay bearish as long as 0.9402 support turned resistance holds. On the downside, break of 0.9252 will In the bigger picture, medium term outlook remains […]
19/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8394; (P) 0.8424; (R1) 0.8443; More… Break of 0.8417 minor support suggests that consolidation pattern form 0.8399 has complete at 0.8463 already. Intraday bias is back on the downside in EUR/GBP. Break of 0.8399 will resume the decline from 0.8624 to 0.8382 low. Firm break there will resume larger down trend. For […]