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Daily Pivots: (S1) 140.66; (P) 143.58; (R1) 145.08; More… Intraday bias in USD/JPY remains on the downside for the moment. Fall from 146.48 is in progress for retesting 139.578. Strong support could be seen again from 139.26 fibonacci level to bring rebound. However, firm break of 139.26 will carry larger bearish implications. In the bigger […]

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EUR/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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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 […]
20/09/2024

EUR/GBP Daily Outlook

Daily Pivots: (S1) 0.8388; (P) 0.8406; (R1) 0.8419; More… EUR/GBP’s break of 0.8399 support confirms resumption of the decline from 0.8624. Intraday bias stays on the downside for 0.8382 low. Firm break there will resume larger down trend. Next near term target will be 61.8% projection of 0.8624 to 0.8399 from 0.8463 at 0.8324. For […]
26/09/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 192.00; (P) 192.64; (R1) 193.49; More… GBP/JPY’s rise from 183.70, as the third leg of the corrective pattern from 180.00, is in progress and breached 193.45 resistance. Intraday bias stays on the upside for 61.8% retracement of 208.09 to 180.00 at 197.35 next. On the downside, below 190.11 minor support will turn […]