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Daily Pivots: (S1) 151.39; (P) 152.49; (R1) 153.14; More… Intraday bias in USD/JPY remains neutral as consolidation from 153.87 is extending. Deeper retreat cannot be ruled out but further rally is expected as long as 55 D EMA (now at 148.95) holds. Sustained trading above 61.8% retracement of 161.94 to 139.57 at 153.39 will pave […]

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USD/CHF Daily Outlook

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20/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8835; (P) 0.8845; (R1) 0.8856; More…. Intraday bias in USD/CHF remains on the downside for the moment. Fall from 0.9223 should target 61.8% retracement of 0.8332 to 0.9223 at 0.8672 next. On the upside, above 0.8880 support turned resistance will turn intraday bias neutral first. But risk will stay on the downside […]
27/12/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8518; (P) 0.8550; (R1) 0.8569; More…. Intraday bias in USD/CHF is turned neutral with current recovery, and some consolidations should be seen first. But outlook will stay bearish as long as 0.8665 support turned resistance holds. Below 0.8513 will resume larger down trend to 100% projection of 0.9111 to 0.8665 from 0.8819 […]
08/12/2023

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0760; (P) 1.0788; (R1) 1.0822; More… EUR/USD’s fall from 1.1016 resumed after brief recovery, and intraday bias is back on the downside. Sustained trading below 55 D EMA (now at 1.0770) will pave the way to retest 1.0447 support. Nevertheless, break of 1.0894 will turn bias back to the upside for 1.1016 […]