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Daily Pivots: (S1) 152.92; (P) 153.12; (R1) 153.48; More… Intraday bias in USD/JPY stays on the upside for the moment. Current rally would target 155.20 fibonacci projection level next. On the downside, below 152.63 minor support will turn intraday bias neutral and bring consolidations. But outlook will stay bullish as long as 150.80 support holds. […]

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27/01/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8636; (P) 0.8661; (R1) 0.8695; More…. Intraday bias in USD/CHF stays neutral for the moment. On the downside, below 0.8605 will resume the pull back from 0.8727 to 0.8487 support. Break there will argue that rebound from 0.8332 has completed, and bring retest of this low. On the upside, firm break of […]
07/12/2023

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8731; (P) 0.8746; (R1) 0.8762; More…. USD/CHF’s break of 0.8769 minor resistance indicates short term bottoming at 0.8665, on bullish convergence condition in 4H MACD. Intraday bias is back on the upside for 0.8886 support turned resistance first. Decisive break there will indicate that whole fall from 0.9243 has completed, and bring […]
02/02/2024

GBP/USD Daily Outlook

Daily Pivots: (S1) 1.2661; (P) 1.2708; (R1) 1.2792; More… Range trading continues in GBP/USD and intraday bias remains neutral. Consolidation from 1.2826 could still extend further, and deeper fall cannot be ruled out. But downside should be contained above 1.2499 support to bring rebound. On the upside, firm break of 1.2774 resistance will suggest that […]