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Daily Pivots: (S1) 149.66; (P) 150.27; (R1) 151.46; More… Intraday bias in USD/JPY remains on the upside, as rise from 139.57 is in progress. Next target is 61.8% retracement of 161.94 to 139.57 at 153.39. On the downside, below 149.08 minor support will turn intraday bias neutral again. But still, further rally is in favor […]

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EUR/USD Mid-Day Outlook

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EUR/USD Daily Outlook

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17/08/2024

EUR/CHF Weekly Outlook

EUR/CHF’s rebound from 0.9209 extended to as high as 0.9579 last week before retreating. Initial bias is turned neutral this week first for some consolidations. Further rally is expected as long as 0.9448 support holds. Sustained break of 55 D EMA (now at 0.9593) will pave the way back to 0.9972/0.9928 resistance zone. However, decisive […]
12/07/2024

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8919; (P) 0.8961; (R1) 0.9007; More… No change in USD/CHF’s outlook as further decline is expected with 0.9000 resistance intact. Deeper decline would be seen to 0.88825 support. Fall from 0.9223 should be in progress with near term channel intact. Break of 0.8825 will target 50% retracement of 0.8332 to 0.9223 at […]
05/01/2024

GBP/JPY Daily Outlook

Daily Pivots: (S1) 181.71; (P) 182.74; (R1) 184.47; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside, firm break of 184.15 resistance will argue that pull back from 188.63 has completed. Further rally would be seen to retest this high. On the downside, though, break of 178.71 will resume the decline […]