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Daily Pivots: (S1) 143.77; (P) 144.21; (R1) 144.98; More… Intraday bias in USD/JPY stays mildly on the downside despite loss of momentum. Fall from 149.35 should target 141.67 low. Firm break there will resume the whole fall from 161.94 to 140.25 support next. On the upside, above 146.47 minor resistance will turn intraday bias neutral […]

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EUR/USD Daily Outlook

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03/07/2024

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2638; (P) 1.2663; (R1) 1.2710; More… GBP/USD’s rebound from 1.2612 resumes today and the break of 1.2705 resistance suggests that pull back from 1.2859 has completed. More importantly, rise from 1.2298 is not over. Intraday bias is back on the upside for retesting 1.2859 high first. For now, risk will stay on […]
20/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8644; (P) 0.8670; (R1) 0.8707; More…. No change in USD/CHF’s outlook as focus remains on 0.8665 support turned resistance. Decisive break there will turn near term outlook bullish for 61.8% retracement of 0.9243 to 0.8332 at 0.8995. Nevertheless, break of 0.8565 minor support will turn intraday bias back to the downside for […]
28/08/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8421; (P) 0.8444; (R1) 0.8457; More…. EUR/GBP’s fall from 0.8624 is still in progress, and intraday bias stays on the downside for retesting 0.8382 low. Strong support could be seen from there to bring rebound on first attempt. Above 0.8474 minor resistance will turn intraday bias neutral first. But risk will stay […]