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Daily Pivots: (S1) 146.63; (P) 147.27; (R1) 147.87; More… USD/JPY’s rebound from 146.65 extended higher today, and immediate focus is on 55 4H EMA (now at 148.61). Sustained break there will argue that corrective fall from 151.89 has completed with three waves down to 146.65. Intraday bias would be back on the upside for 149.66 […]

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USD/CHF Mid-Day Outlook

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EUR/JPY Daily Outlook

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13/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9048; (P) 0.9066; (R1) 0.9084; More…. Intraday bias in USD/CHF remains neutral for the moment. Further decline is in favor as long as 55 4H EMA (now at 0.9085) holds. On the downside, break of 0.9005 and sustained trading below 55 D EMA (now at 0.9006) will bring deeper fall to 38.2% […]
14/06/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.8921; (P) 0.8945; (R1) 0.8962; More…. Intraday bias in USD/CHF remains neutral for the moment and more sideway trading could be seen. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring deeper decline. On the upside, firm break of 0.8987 support turned resistance will argue […]
06/05/2024

USD/CHF Daily Outlook

Daily Pivots: (S1) 0.9001; (P) 0.9055; (R1) 0.9104; More…. Intraday bias in USD/CHF remains on the downside for the moment. Sustained break of 55 D EMA (now at 0.8989) will bring deeper fall to 38.2% retracement of 0.8332 to 0.9223 at 0.8883. On the upside, above 0.9087 minor resistance will turn intraday bias again first. […]