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Daily Pivots: (S1) 150.05; (P) 150.31; (R1) 150.78; More… No change in USD/JPY’s outlook as consolidation from 150.87 is extending. Intraday bias stays neutral for the moment. On the upside, break of 150.87 will resume the rise from 140.25 to 151.89/93 key resistance zone. On the other hand, considering bearish divergence condition in 4H MACD, […]

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EUR/AUD Daily Outlook

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07/12/2023

EUR/CHF Daily Outlook

Daily Pivots: (S1) 0.9405; (P) 0.9427; (R1) 0.9437; More… Intraday bias in EUR/CHF stays on the downside with focus on 0.9407 low. Decisive break there will confirm resumption of larger down trend. On the upside, above 0.9467 minor resistance will delay the bearish case and turn intraday bias neutral for consolidation first. In the bigger […]
18/12/2023

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2638; (P) 1.2715; (R1) 1.2760; More… GBP/USD is staying in consolidation below 1.2793 and intraday bias remains neutral at this point. While deeper retreat cannot be ruled out, outlook will stay cautiously bullish as long as 1.2499 support holds. On the upside, firm break of 1.2793 will resume the rally from 1.2036. […]
29/11/2023

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8756; (P) 0.8787; (R1) 0.8813; More…. USD/CHF’s fall is still in progress and intraday bias remains on the downside. Firm break of 100% projection of 0.9243 to 0.8886 from 0.9111 at 0.8754 will target 161.8% projection at 0.8533, which is close to 0.8551 low. On the upside, above 0.8817 minor resistance will […]